Real estate developer, Element Industrial, delivers the first phase of logistic project ELI Park 3, in Buftea-Chitila area near Bucharest.
The new distribution center, covering 18,500 sqm is leased 90% towards e-commerce, production and b2b retail tenants.
In addition to the investments in the Buftea-Chitilea hub, Element Industrial has several ongoing projects located in Bacău, Ploiești or Brăila.
The company’s plan is to develop 500,000 square meters of logistic projects by the end of 2026.
Moreover, all projects under the ELI Parks brand meet international class A standards, using modern concepts and technologies.