News Article Metro leases 58,000 sqm industrial facility in Bucharest
by Property Forum | Industrial

JLL advised Metro in the process of consolidating its distribution centres into a one roof concept in the new project developed by WDP in the North area of Bucharest, Stefanesti. This is the largest transaction on the Romanian industrial market in this year.


”Together with Metro we have designed a very structured tender process with a strict timeline that allowed to conclude the contract in only six months from the start. It was a complex project involving both ambient and temperature control areas, the biggest challenge being to set up all the details for a record transaction of more than 58,000 sqm”, said Costin Bănică, Head of Industrial Department JLL Romania.
 
The aim of the process was to create synergies within the organisation and the suppliers' network. Moreover, through the result of this process Metro addressed the workforce issue, one of the most difficult aspects of the logistics business.
 
West of Bucharest, the prime industrial area, is facing a shortage of logistics workers, the companies operating there being in the situation to attract people from 50-60 km away.
 
„Stefanesti offers all the advantages of an emerging area including a higher availability of workforce. Metro has appreciated the operational advantage of being in an area where the Ring Road is developed as an express road together with very good connections with A1 highway to Pitesti and Inner Bucharest”, comments Viorel Opaiț, Business Developer Director at JLL Romania.
 
The trend of consolidating the logistic operations in order to optimise the supply chain with the retail networks is present more and more in the most dynamic period of the industrial market.