Romania Maracana won't move out

Initially, Maracana moved into the facility near Bucharest three years ago. A year later, the company signed another contract to expand its leased space by 5,000 sqm. Consequently, the company now occupies a total of 10,000 sqm of warehouse and office space. The tenant was assisted in the transaction by iO Partners.

MLP Bucharest West is situated within Romania’s most popular warehouse hub, at the ring road in Bucharest’s north-western district of Chitila. The industrial and logistics development, located on an 18.3 ha plot, will eventually provide 99,000 sqm of warehouse space, with numerous amenities and road infrastructure.

MLP Group is growing its operations in Poland, Germany, Austria and Romania, with plans to expand its business into new markets. In keeping with its build & hold strategy, the company retains completed logistics parks in its portfolio and manages them.