Deichmann leases 20,000 sqm of industrial space in ELI Park Bucharest project

The German shoe retailer Deichmann signed a lease contract for 20,000 square meters of industrial space in ELI Park Bucharest, a project in the ELI Parks portfolio.

"This project will strengthen our operations in the Central and South-Eastern Europe region, positioning us for sustained growth in the coming years. We are pleased to align our operations with the extensive Deichmann network and are proud to establish our own independent distribution center," says Ruxandra Frunzetti, Managing Director for Deichmann Logistica.

The lease was signed for a period of 7 years, with the possibility of extension for another 3 years, and also includes 1,050 square meters dedicated to offices and social areas.

"Deichmann's decision to establish an international distribution center here underlines the strategic advantages that our location and infrastructure offer to top companies in the retail and e-commerce sectors," say ELI Parks representatives.

CBRE advised Deichmann in the transaction.