According to Cristian Ustinescu, business development manager at DTZ Echinox, the investment values in logistics parks will put Romania on top of the Central and Eastern Europe. ”Most of the investments come from the European Union area and less from the USA or the Middle East“, said Ustinescu. This summer, on the logistics market, two major investments were concluded: DTZ Echinox mediated the transaction between General Electric Real Estate and Helios Phoenix Real Estate. The two companies signed an agreement involving 185 millions Euros for the development of a delivery parks chain in Romania.
Although the logistics parks started to develop in Northern area of Bucharest, too, the Western area of the capital remains on top of the developers’ preferences.
“The Western area is the most solicited in terms of industry, due to the existing infrastructure, and that is a very important factor to an investor, apart from the costs and location”, Ionuþ Ciocan, DTZ Echinox Residential Department consultant added.
