Element Industrial starts a new 72,000 sqm investment near Bucharest

Element Industrial announced the start of Eli Park 3, a new logistics development with an area of 72,000 sqm, and a total investment of €37 million. The new logistics park will be built in several phases, the first consisting of a distribution centre of 18,500 sqm.

The project is being developed in the vicinity of Eli Park 1, on DN7, in an area that will be transformed into a logistics hub near the new ring road of Bucharest – A0. Eli Park 3 is served by several public transportation lines and it is located at a distance of 4 km from Bucharest. The main advantages are the easy access to the north and centre of Bucharest and the location in an area with a surplus of labour force (Chitila / Buftea).

Eli Park 3 will be developed according to international class A standards, benefiting from technical specifications such as free storage height of 11.5 meters, one loading bay for each 800 sqm of the warehouse, generous 35 meters truck court and numerous parking spaces. The minimum rentable area is 2,500 sqm.

Being one of the most dynamic developers on the logistics market, Element Industrial aims to become a flexible partner for logistics tenants, offering spaces from several hundred square meters in Eli Xpress projects to areas up to tens of thousands of square meters in Eli Parks projects.