Andrei Ceaușescu enters on the logistics park market

Businessman Andrei Ceaușescu, the developer of about 2,000 apartments under the Sun Park brand in Sectors 3 and 4 of the capital, is preparing a logistics park with halls dedicated to small and medium-sized companies, a niche insufficiently exploited by large developers in this real estate sector.

Four years ago, Andrei Ceaușescu bought a plot of land with an area of about 3.7 hectares in Popești-Leordeni, after the A0 highway around Bucharest. Now, on this plot, the investor is planning a complex consisting of 24 storage halls, of about 550 square meters each and a total built area of about 14,200 square meters. The total value of the investment was estimated at about EUR 3.8 million.

Source: Profit.ro