Profile:
Managing Director, Element Industrial
Experience:
Over 14 years in the real estate market
Andrei Jerca has been appointed as Managing Director of Element Industrial as of March 2021. A professional with 14 years of experience in the real estate industry, Andrei has worked for companies such as Europolis, CA IMMO, P3 or CBRE, being involved throughout his career both in the management of a portfolio of 300.000 sqm of logistics space and in the development of a series of logistics and industrial projects amounting 200.000 sqm.
Element Industrial is developing a logistics hub in the Buftea-Chitila area, where it delivered a 50.000 sqm park and recently started a 37 million EUR investment in a new 72.000 sqm park. At the same time, the company purchased a series of lands in several areas in the country, where it intends to develop class A logistics parks, such as Braila, Craiova, Pitesti, Bacau, Iasi, Timisoara or Ploiesti.
“The pandemic created new opportunities in the logistics market, in the context of digitalization acceleration and the growth of the e-commerce market. Through the diversity of products in the portfolio of Element Industrial, we aim to be a flexible partner for logistics space tenants in Romania. ”
All projects under the “Eli Parks” brand are developed to international class A standards, with the main objective of fully covering the needs of potential tenants, regardless of the field in which they operate. In this context, the concepts used in the development of parks allow flexibility in accommodating a wide range of needs, both technical and operational.