Cefin duplicates Bucharest model

Cefin Romania is to expand to the rest of the country following the same model used for developing the industrial park project in Bucharest, meaning it will build its headquarters and develop a logistics park inside the same complex. “The potential on the industrial space market in Bucharest is huge. Things are different in the rest of the country, and our investments will match this potential. We will invest up to 2 million euros, with the short-term targets being Ploiesti and Constanta,” said George Margescu, general manager of Cefin Real Estate Romania. In the middle of last year Cefin began construction of the Cefin Logistics Park as part of a project with initial investment estimated at 65 million euros. The project attracted the attention of Austria’s Europolis, one of the most important investment funds on the CEE real estate market, which became involved in the business. ZF