In the first phase, the project aims to build 500,000 square meters of industrial space in key areas for the development of the domestic economy in four years. In the second phase, the strategy involves accelerated national expansion and interconnection - including through land acquisitions of a similar nature - with logistics parks in Central and Eastern Europe. The project will be developed by the new entity created from the partnership between ELI and D Craig Real Estate, the real estate division of the D Craig Holding investment fund, controlled by Sacha Dragic. The new entity starts from a capital injection of 90 million euros, divided equally between Ionuţ Dumitrescu and Sacha Dragic. D Craig Real Estate will be led from the position of CEO by Anca Damour.
In addition to the investments in the Buftea-Chitila hub, Element Industrial has several ongoing projects located in cities such as Ploieşti, Piteşti or Brăila. All projects under the "ELI Parks" brand are developed according to international A class standards, with the main objective of fully covering the needs of potential tenants, regardless of the field in which they operate. In this context, the concepts used in the development of parks allow flexibility in accommodating a wide range of needs, both technical and operational.
With the ambitious portfolio it proposes, the new joint venture with fully Romanian capital will increase competition on the domestic logistics market dominated today by multinationals.