Dedeman partners with Element Industrial to develop Eli Park 1 industrial project

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Dedeman partners with Element Industrial to develop Eli Park 1 industrial project

Published on

June 5, 2019

Dedeman Group and Element Industrial announced a partnership to jointly invest in the development of ELI PARK 1 logistic and industrial project, located in Chitila-Buftea area, which is transforming in a new proximity logistic hub for Bucharest.

ELI PARK 1 will cover a GLA of 50,000 sqm. Construction works for the first phase of 20,000 sqm are on schedule, and will be delivered this summer. After the delivery, the developer Element Industrial will start the works for the second phase of the project. The first tenant of the logistic park is Paste Baneasa which leased a surface of 5,000 sqm.

The logistic project is served by several public transportation lines and is located at a distance of 4 km from Bucharest Ring Road, with direct access to a national road with four lanes, DN 7.

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