TO LET / FOR SALE
Global Logistic Park is located in the north-west of Bucharest, in Chitila area, on Rudeni Street, at 1.3 km from the junction with the ring road.
The park is placed at 12 km from the city centre of Bucharest, respectively at 7 km from A1 Motorway.
The access from the ring road is made directly on Rudeni Street.
Global Logistic Park is a modern logistic park, with A class standards ,planned to be completed in Q2 2020. The park will reach a total of 72.900 sq m GLA.
Bucharest is the largest industrial market in Romania, including over 2.5 million sq m of modern industrial parks with storage, logistics and production warehousing halls to let, SME projects with industrial spaces to let etc.
Almost 75% of the modern stock of industrial spaces to let is concentrated in western Bucharest: A1 motorway, the ring road. New areas have developed also along the northern ring road section (Stefanesti, Mogosoaia, Chtila).
The rental level for A class industrial spaces to let in Bucharest is placed at 3.5 – 4.0 Euro/sq m/month (units above 1,500 sq m), respectively 5,5 – 6.5 Euro/sq m/month for below 1,000 sq m units.
The monthly costs to let an industrial space for storage and for production in Bucharest include: rent for industrial space, rent for office space, service charges, cost of utilities (electricity, gas, water).
The service charges for an industrial space includes the following: maintenance and repair of building / equipments / concrete platforms, utilities for common areas, costs for security, property manager, insurance and property taxes etc.
The industrial lease agreements have an average of 3-5 years for storage / logistics destination, respectively 5-7 years for production activities. In the case of built-to suit premises, the average length is of 10 years.
The tenant has 0% fee for all the industrial, storage & production spaces to let in Bucharest that are part of Activ Property Services portfolio. We represent the owners and provide free consultancy for tenants.