P3 Logistic Parks concluded the first half of this year with transactions for over 107,000 sqm. These results demonstrate the company’s ongoing commitment to providing its partners with high-quality spaces and rental services tailored to their specific needs.
P3 has also strengthened its relationships with existing customers, recording a significant contract renewal rate in the first half of the year. In fact, 93 percent of rental requests came from long-term partners, who not only chose to renew existing contracts (68,000 sqm) but also to expand their rented spaces (32,000 sqm). Among the companies with which P3 has signed renewals and contract extensions in the first half of the year are HOPI®, Logistic E Van Wijk, SLS Cargo.
Cristina Pop, Head of Asset Management P3 România, says: “We are extremely pleased with the results achieved in the first half of this year, which confirm our constant efforts to provide solutions tailored to each customer’s requirements. From a strategic perspective, we are long-term investors; therefore, the performance of the current portfolio is largely influenced by our customer-centric approach. We are committed to further developing strong collaborations and remaining a trusted partner in the logistics, industrial space, and now, light manufacturing sectors.”
Considering the challenges posed by rising utility costs, the developer has continued to prioritize energy efficiency and sustainability measures for all buildings within the P3 Bucharest A1 Park. As a result, all warehouses are now BREEAM Very Good certified and equipped with LED lighting and solar panels.
