Cushman & Wakefield Echinox has been appointed as the exclusive advisor for the sale of a 37-hectare land plot part of the former Electroputere industrial platform in Craiova. This property presents a significant opportunity on the Romanian real estate market, with the potential to support a variety of development projects, such as residential, retail, logistics, or light industrial premises.
The original Electroputere platform spanned approximately 60 hectares. Over 20 hectares have already undergone a successful urban regeneration, transforming the area into a multifunctional project featuring a shopping center, office buildings, and a recently completed aparthotel. The remaining 37 hectares, currently hosting industrial facilities, offer a chance to continue the regeneration process and create a modern urban landmark in Craiova.
Ștefan Oprea, Consultant Land Agency, Cushman & Wakefield Echinox: “Electroputere Craiova represents an exceptional opportunity to revitalize an iconic area of the city into a urban hub that addresses the needs of both the community and investors. Given its strategic location, significant size, and excellent infrastructure, the site is ideally positioned to become a flagship project for the entire region. Across Romania, we have seen that former industrial platforms in central locations have become successful real estate developments.”
Former industrial platforms have consistently attracted strong interest from real estate investors, offering significant potential for value appreciation. In major cities, these sites are increasingly sought after for mixed-use developments, with recent transactions demonstrating rising demand and consistent increases in value, particularly for residential, retail, and logistics spaces.
Cities such as Bucharest, Cluj-Napoca, Timisoara, and Iasi have witnessed notable sales of similar assets, with land plots often exceeding 20–30 hectares and transaction values reaching tens of millions of euros, depending on location, infrastructure, and overall development potential.
This trend is further supported by the growing interest of local developers, who view the regeneration of industrial platforms as a prime opportunity to transform urban areas and drive economic growth. Typically, these transactions involve comprehensive due diligence, specialized consultancy, and the adaptation of projects to current market requirements to ensure long-term investment success.