25 MILLION EUR INVESTMENT IN A 45,000 SQ. M INDUSTRIAL PROJECT, NORTH OF BUCHAREST
The new project will be designed and executed following strictly class A international standards, with characteristics such as 11.5 m clear height, one loading bay for each 800 sq. m. of warehouse, generous 35 mtrs truck court and numerous parking places. The minimum leasing surface is 2,500 sq. m.
Element Industrial was established by Ionut Dumitrescu, a Romanian businessman with a solid expertise on the local real estate market. Between 1997-2007 he developed consultancy company Eurisko, which was sold in February 2008 to CB Richard Ellis, the real estate worldwide leader. Following this deal, he focused on real estate development: the first project was HQ Victoriei, a class A business center near Victoriei Sq, sold in 2012 to Zeus Capital. Begining with 2017, Dumitrescu partnered with the founders of One United to establish a new office division, One Office.