Therefore, the Olympian Logistics Parks will network will get larger by adding to it a new industrial property, including 11 ha of land and 12,000 sqm of warehouses, under the name of Olympian Park East Bucharest, following the acquisition from AGI-RRE Hera of the real estate project Millenium Logistic Park.
The Olympian network includes logistics spaces for regional distribution and light industry centres, under the same brand name in Timișoara, Brasov and București.
Currently, Millenium Logistic Park is rented to the companies Sarantis and Autonet.
„The acquisition of Millenium Logistic Park is a proof of confidence we have in the industrial market in Romania, for which we still have development plans. This new industrial parks adds 30 pct more to our current portfolio, thus reaching nearly 80,000 sqm warehousing space. Moreover, we are already in advanced negotiations for the expansion of the new project, Olympian Park East Bucharest”, has declared Athos Myrianthous, development director of Helios Phoenix.
Helios Phoenix is present on the Romanian market since 1997. Currently the portfolio of Phoenix includes nearly 80,000 m2 of warehouse spaces finalized or nearing completion, 30,000 m2 of lands for residential development, 410,000 m2 for industrial developments and 2,500 residential units, completed or nearing completion. (source: zf.ro)
