Logistics project P3 near Bucharest, estimated at EUR 265 mln, reportedly for sale
<p>The sovereign fund of the state of Singapore (GIC) is reportedly considering the sale of the logistics project P3 in Romania, estimated at EUR 265 mln, according to <a href="https://www.zf.ro/companii/p3-discuta-un-posibil-exit-din-romania-miza-tranzactiei-o-reprezinta-22496104?mc_cid=a53232f8ad&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Ziarul Financiar</a>, quoting data familiar with the negotiations.&nbsp;</p>

<p>CTP, WDP, as well as Garbe and Hillwood are reportedly among the interested buyers.</p>

<p>The P3 logistic park is located near the commune of Chiajna, approximately 13 km west of the center of Bucharest, with direct access to the A1 (Bucuresti-Pitesti) motorway.</p>

<p>P3 would be the second major exit on the local logistics and industrial market in 2024, after Globalworth.</p>

<p>According to the latest P3 report, the Romanian portfolio is internally valued at EUR 265 mln, of which EUR 251 mln represents investment properties.</p>

<p>The total area of ​​the park is approximately 380,000 square meters and currently includes 14 buildings, an electrical station, and a railway terminal. Among the largest tenants of the park are Carrefour, eMAG, Altex, Gebrüder Weiss, Elit, Agricover, HOPI, Europharm, Interbrands, and Logistic E Van Wijk.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: the company)</em></p>