Romania's SLS Cargo leases 15,500 sq m warehouse space near Bucharest

The new location is consolidating under one roof the logistic operations of SLS Cargo located around Bucharest, JLL said in a press release.

"The location of SLS Cargo's new warehouse centre in one of the most dynamic logistic and industrial area in Romania, right next to A1, is part of the company's strategy to provide better services to customers from Bucharest and nearby. P3 Bucharest A1 is the perfect choice for SLS due to its strategic position and to the possibility of further expansion," JLL Romania industrial segment consultant Mihai Escu said.

According to JLL, the trend of consolidating the logistic operations in order to optimize the supply chain with the retail networks continues to be present in the local industrial market.

Total demand for industrial and logistics spaces in Romania during the first half of 2020 reached almost 269,000 sqm, slightly above the 260,000 sqm recorded in the corresponding period of 2019. Retailers were the most active tenants, followed by logistics companies, JLL said.

SLS Cargo started operations in 2014 by opening its first office in Bucharest. In 2020, Romanian logistics company FAN Courier took over a majority stake in SLS Cargo.

P3 Bucharest A1 park is the largest multifunctional park in Bucharest, having 380,000 sq m developed in 14 warehouses, a high voltage station, railway terminal, and a land bank with potential of delivering 100,000 sq m.