Czech PointPark Properties (P3) has reached a deal with Carrefour to build the French multinational an enormous 81,000-square-metre logistics plant in Romania, Business-Review.eu reports.
Work has already commenced on the facility, which will be assumed into Carrefour’s control incrementally between April and October 2016. Included within it will be a 15,000-square-metre refrigerating section tailored to the requirements of Carrefour’s supply-chain operations.
The site is licensed for further expansion in the future if the company needs it.
“It’s one of the biggest contracts P3 has concluded this year on the logistics market in Central and Eastern Europe,” P3 commented. "The fact that a company of the quality and size of Carrefour became our client in a project of this magnitude is a great achievement for P3. Romania grows fast as a market, and our ambitions are very high here.
“After buying P3 Bucharest, the largest logistics park in the country, earlier this year, we are very excited to make a new step with our first build-to-suit project. This transaction certifies the many qualities of the park, including the location and facilities, and P3’s ability to deliver buildings designed on customer needs quickly and efficiently in terms of costs. Carrefour is one of our customers in France, and we are delighted to work with them in Romania also.”
Carrefour Romania operates 185 outlets and recorded its 2014 turnover as €1.01 billion.
© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.