Dr.Max leases close to 12,000 sqm in ELI Park Iași

Business Forum
Pharmacy chain operator Dr.Max has leased 11,800 sqm in ELI Park Iași in a bid to accomodate growing operations.

Of the total leased surface, warehouses will cover 10,500 sqm, while the rest will be occupied by offices.

“The investment is part of our long-term strategy to remain a reliable partner and to continue our steady growth, anticipating and meeting the ever-evolving market demands,” says Sorin David, Supply Chain Director at Dr. Max Romania.

Cushman & Wakefield Echinox brokered the transaction.

“It was a complex process of evaluating space opportunities in a less developed market from a logistics standpoint,” added Rodica Târcavu, Partner Industrial Agency at Cushman & Wakefield Echinox.

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.

RECOMMENDED
Romania Investment Sentiment Survey: Results published
Real estate

Romania Investment Sentiment Survey: Results published

Property Forum is excited to announce the results of its second annual investment market sentiment survey focusing on the Romanian market which was conducted ahead of SEE Property Forum 2024. The results, providing an overview of market expectations across sectors, are now available online.

Romanias industrial stock to grow by 500,000 sqm in 2024
Real estate

Romania's industrial stock to grow by 500,000 sqm in 2024

Romania's total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 

RECOMMENDED FROM THE HOME PAGE
READ MORE
Business Forum  |  21 October, 2024 at 12:06 PM
Business Forum  |  21 October, 2024 at 11:12 AM