The American company ProLogis will invest 80 million dollars in building the logistic centre, ProLogisticPark Bucharest A1, located 23 km away from the capital by the Bucharest-Pitesti highway. “The logistic park will cover a surface of 158,000 square metres and will need investments worth a total 80 million dollars. The first two buildings will be completed this year, and if the market remains as “hot” as it has been so far, we will finish the other four buildings by 2007,” stated Muler Onofrei, market officer of ProLogis for Romania. Before taking over ProLogis operations in Romania, Onofrei was the manager of the industrial department of the real estate company Eurisko. Although it has not set an investment target in Romania, ProLogis is interested in investing in other Romanian cities such as Timisoara, Constanta, Cluj-Napoca and Brasov, given that there is a demand for storage space in these areas from its clients. “The funds we are granted for investment in Romania are not limited. We might start other projects, as well; it all depends on how the market develops. In Poland, for example, a country with almost 40 million inhabitants, our space covers a total 700,000 square metres (…),” said Robin P.R. von de Weiler, ProLogis managing director for Central and Northern
Europe. ZF