Lion’s Head Breaks Ground on its First Logistics Park in Bucharest, Popești Leordeni

Lion’s Head Investments, part of AG Capital, has officially started today the construction works for Lion’s Head Logistics Park – the company’s first logistics project in Romania. The development will span over 85 000 sqm with an investment of EUR 65 million.

The investment is supported by the International Finance Corporation (IFC), which has invested EUR 150 million to support Lion’s Head’s sustainable developments in Romania and Bulgaria.

With this development, Lion’s Head strengthens its presence in Central and Eastern Europe and takes a decisive step in building an integrated regional logistics platform, following its investment in this sector in Bulgaria.

The ceremony was attended by His Excellency Radko Vlaykov, Ambassador of Bulgaria to Romania, Cristian Nacu, Senior Country Officer at the International Finance Corporation (IFC), Iacob Petre, Mayor of Popești-Leordeni, and Raluca Florina Popescu, Chief Architect of Popești-Leordeni City Hall. They were joined by Virgil Profeanu, Founder of VEGO Construct Group, as well as representatives of the company, including Christo Iliev, Founder and Executive Chairman of AG Capital, Tanya Kosseva-Boshova, Managing Director at Lion’s Head, Alina Necula, Country Manager Lion’s Head Romania, Vladimir Gurdjieff, Managing Director Logistics at Lion’s Head, and Valentin Roșu, Construction Director, Park Lane Developments Romania.

Strategically located in Popești-Leordeni, Ilfov County, between Bucharest’s old ring road and the new A0 motorway, the project will be developed on a 15.6-hectare plot. Lion’s Head Logistics Park will offer flexible spaces between 1 500 and 40 000 sqm per unit. The project will feature 3 state-of-the-art warehouse buildings, with flexible design that complies with all international standards for technical specifications, ESG and optimized costs of operation. All buildings are to be certified EDGE Advanced.

“In today’s logistics market, success depends on truly understanding clients’ needs and delivering precisely what they require. The Lion’s Head brings both expertise and a deep insight into the way modern businesses operate, and this project stands as proof that we can build to the same high standards as any developed market. Every Lion’s Head development is created with functionality, efficiency, and people at its core — those who will work, produce, and thrive here.,” said Alina Necula, Country Manager Romania, Lion’s Head.

“Romania plays a key role in our regional expansion. It is a market of significant size, with excellent positioning between Western and Southeastern Europe, and with genuine potential to become a major logistics hub. For us, this development is not an isolated project but an integral part of a strategy that connects economies, people, and sustainable investments,” added Vladimir Gurdjieff, Group Director Logistics & Industrial Assets, Lion’s Head.

The park is designed to meet the needs of a diverse range of businesses – from light production and logistics companies to retailers and e-commerce operators – offering energy-efficient and easily adaptable spaces for each type of activity.

The new logistics park is a premiere for the Romanian market, as it is the first project developed entirely in line with the sustainability standards of the International Finance Corporation (IFC), part of the World Bank Group. For the first time in the region, Lion’s Head is implementing a Construction Environmental and Social Management Plan (C-ESMP), a comprehensive framework that ensures environmental protection, the safety of employees and the community, and the responsible management of resources and waste throughout the construction phase.

Lion’s Head Logistics Park will offer future tenants a complete infrastructure, landscaped green areas, recreation zones, pedestrian and vehicle access routes, generous parking facilities, and EV charging stations. The project integrates modern technologies, sustainable materials, and smart solutions that optimize energy use and reduce operational costs.

In 2024 Lion’s Head acquired the second largest industrial portfolio in Bulgaria for EUR 72 million.