Deichmann leases 20,000 sqm in ELI Park Bucharest

Business Forum

15 October, 2024 at 7:14 AM

Shoe retailer Deichmann has leased 20,000 sqm in the industrial project ELI Park Bucharest, in a move designed to consolidate its regional distribution operations.

The lease agreement was signed for a period of 7 years, with the possibility of extension for another 3 years, and includes 1,050 sqm dedicated to offices and social areas. The transaction was brokered by CBRE Romania.

“Deichmann's decision to establish an international distribution center here highlights the strategic advantages that our location and infrastructure offer to top companies in the retail and e-commerce sectors,” say ELI Parks' representatives.

ELI Parks is jointly developed by Element Group, owned by Romania entrepreneur Ionuț Dumitrescu, and D Craig Holding, owned by Sacha Dragic, founder of gambling operator Superbet.

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