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The Romanian Capital Market team has advised Prologis, the biggest industrial and logistic operator and developer in the world, in the sale of Prologis Industrial Park, near Bucharest. The purchaser was CTP Invest, the most active investors in the industrial market last year.
Prologis Park Bucharest A1 consists of four fully occupied buildings totalling over 107,000 sqm of EPC (Energy Performance Certificate) Class-A industrial space. Additional sites at the park allow for 186,000 sqm of future development.
This is a 6th industrial transaction concluded by JLL in Romania last year. JLL was involved in over 70% of the total volume of transaction closed in 2015.
"The sale of the Prologis Industrial Park shows the level of liquidity on the investment market. Unlike previous years that were dominated by few but large transactions, in 2015 were concluded more deals, including smaller ones, showing a return of investor confidence in the Romanian market", said Silviana Badea, Head of Capital Markets, Associate Director JLL Romania.