Romanian businessman Ionuț Dumitrescu, known for his entrepreneurial activity in consulting and real estate development, has bought land in Chitila (west of Bucharest) on which he wishes to build, next year, a new warehouse in the part of its Eli Xpress network – a chain specializing in convenience halls.
The new investment is close to the logistics park he built in Chitila, together with Dragoș and Adrian Pavăl, the owners of Dedeman, and which he has just sold to the South Africans of Fortress REIT.
Ionuț Dumitrescu and his business partners bought, in December last year, a plot of land with an area of approximately 1.9 hectares located between the logistics project Eli Park 1, also developed by his team, and the glass supplier custom Moteco Glass. On this lot, the investor has already started to build a warehouse with a total area of approximately 10,000 square meters.
“The project will be carried out under the concept of Eli Xpress, small warehouses, it will not be integrated into Eli Park 1. We hope to start construction at the beginning of next year. We already have clients to rent the spaces” , Ionuț Dumitrescu, Founder of Element Industrial, said Profit.ro.
Last year, the entrepreneur launched a new line of business based on the concept of proximity warehouses, with areas between 6,000 and 12,000 square meters and located near major cities or even at the inside them.
(Photo source: Pixabay.com)