Due to the big success of Cefin Logistics Park, Europolis has just concluded the contract of the forward purchase for an extension of the project with a volume of another €75 million. With the total investment volume of €150 million and around 300,000 m² of warehouse space this project will become the biggest logistics park in the Southeastern European region.
Together with the recently started development of Poland Central with an estimated project volume of €172 million Europolis has become one of the major players in the logistics segment in Central and Southeastern Europe.
Europolis partner in this project is Cefin Real Estate Romania, which specializes in real estate developments in Central and Eastern Europe.
Cefin Logistics Park is considered to be the most important scheme on Bucharests logistics market. This real estate project is noteworthy because of its unique location, its high standards of execution and the recently completed railway access to the park. The great demand for space in the Cefin Logistics Park confirms that it is a top quality project taking place at the right time. All warehouses were fully let before completion. Among the tenants are internationally recognized companies like Lekkerland and FM Logistics, which recently signed lease contracts for 7,000 m and 9,000 m respectively.
In addition to Cefin Logistics Park in Romania, Europolis is currently active in the industrial market in Hungary and Poland, with a completed warehouse space of 230,000 m and further 800,000 m to be realized within the next years.
We are very proud that we have invested in the Cefin Logistics Park two years ago, which success has exceeded our expectations. With the extension of the park, Europolis secures its leading position in the logistics segment in Romania. says Bernhard Mayer, Chairman of the Board of Europolis.
We consider our partnership with Europolis instrumental for our Real Estate development activity and we look forward to jointly develop other landmark projects in Central Europe. Cefin Logistics Park confirms the potential of the synergies between a dynamic developer and a forward looking and committed Investment Fund says Stefano Albarosa, Ceo of Cefin Holding.
Source: Europolis
