Stratulat Albulescu advises ELI Parks on the lease of 4,500 sq. m. within ELI Park 4 to Sika

This addition of logistics and office leases significantly bolsters ELI Parks’ portfolio, aligning seamlessly with the diverse mix of tenants the developer has aimed to attract since its inception.

ELI Park 4, as well as all parks developed within ELI Parks, offer a complete package of “built-to-suit” services for production and storage facilities. This package covers all aspects, starting from identifying suitable land for such developments, the authorization process, design, and delivery, all tailored to the specific requirements of each project. ELI Park 4 Bucharest delivered 21,000 sq. m. in Q3 2023.

ELI Parks is the most dynamic newcomer in logistics market with interest in several projects in Bucharest, Ploiesti, Iasi or Bacau.

“Stratulat Albulescu has successfully advised us on the lease of 4,500 sq. m. within ELI Park 4 Bucharest to Sika. This strategic partnership marks a significant step forward for both parties, and we look forward to fostering a mutually beneficial relationship.”, said Andrei Jerca, Managing Director ELI Parks.

Sika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and automotive industry. Sika has subsidiaries in 103 countries around the world and, in over 400 factories, produces innovative technologies for customers worldwide.

Stratulat Albulescu team included Senior Associates Daiana Assoum and Irina Caragea.