Lion’s Head acquires 15 hectares of land in Popești Leordeni, near Bucharest. This transaction marks the expansion of the company in the Romanian industrial market, as well as its debut in the real estate development segment.
In Romania, Lion’s Head is the owner and manager of Oregon Park, a class A office complex, composed of three 7-storey buildings, offering over 70,000 sq m of office space. Oregon Park managed to attract multiple high-profile tenants, including Fortune 500 companies.
Lion’s Head current portfolio includes real estate actives in Bulgaria and Romania. The company focuses on prime offices with international blue-chip tenants, backed by AG Capital and Old Mutual Property.
The industrial and logistics market in Bucharest continues to experience rapid growth. By the end of 2024, the total stock of industrial and logistics spaces in the Bucharest-Ilfov area exceeded 2 million square meters, with an occupancy rate of over 95%, according to Cushman & Wakefield Echinox.
SEE ALSO | Romania: Real estate investment volumes down at €588.5 million in 2020
Articolul Lion’s Head acquires 15 hectares of land in Popești Leordeni, near Bucharest a fost publicat prima dată în Money Buzz! • Știri Economice, Știri Financiare, Știri Business