ELI Parks has started work on ELI Park 5 Bucharest and signs the first pre-lease contract with the Romanian manufacturer ELMET Group for 4,565 sqm of production and storage space
Located in the north-west area of the Capital, the new industrial park continues the expansion of the ELI Park Bucharest complex.
“We are pleased to welcome the company ELMET GROUP METAL & ELECTRIC as the first tenant of the ELI Park 5 Bucharest project. This moment confirms the strong market interest for our newest development,” said ELI Parks representatives.
The ELI Park 5 Bucharest project will be developed in two phases, totaling 35,000 sqm of class A industrial space – 19,000 sqm in Phase 1 and 16,000 sqm in Phase 2 – with an estimated completion date of May 2026.