Challenge
An international industrial developer needed to expand in a new area in Bucharest and acquire a a prime urban logistics site in Bucharest — large enough to accommodate a 20,000 sqm cross-dock distribution center, with immediate access to both the city center and the ring road. The challenge: limited supply of properly zoned land, unrealistic seller expectations, and slow permitting processes that frequently block large-scale industrial developments.
Action
Leveraging its deep local market knowledge and specialized land advisory expertise, Prime Lands conducted a targeted search and zoning assessment to qualify each sites feasibility. Through its network, the team uncovered the only plot in the target area with the right shape, access, and zoning to allow direct permitting—without the need for pre-zoning applications. Prime Lands coordinated consultant and negotiated favorable terms to ensure the acquisition met both timeline and financial framework.
Results
- Transaction successfully completed for a high-visibility logistics site within Bucharest’s ring road,
- Strategic location secured, enhancing the client’s last-mile and national distribution network.
- The acquisition provides the client with a competitive advantage in a highly constrained inner-city industrial market
