JLL has advised SLS Cargo, a transport and logistics company, in a lease transaction of 15,500 sqm of warehouse space in P3 Bucharest A1.
The logistics services company SLS Cargo started operations in 2014 by opening its first operational office in Bucharest.
In 2015, the company’s activity develops through the opening of two new locations in Rădăuți and Constanța, followed in 2016 by the inauguration of the first SLS Cargo warehouse in Bucharest.
In 2018, the company opened its first offices in Bulgaria and Italy. Last year, SLS Cargo had 25.000 sqm of storage space in 4 locations in Mogoșoaia, Bâcu, Buftea and Cluj.
In 2020, FAN Courier, the leading courier service in Romania, took over the majority stake of SLS Cargo.
Total demand for industrial and logistics spaces in Romania during H1 2020 reached almost 269.000 sqm, slightly above the 260.000 sqm recorded in H1 2019.
Retailers were the most active tenants, followed by logistics companies.