“We are excited about the new expansion of the TRC Parks portfolio. The required property is strategically located, in-city logistic in the city of Arad with good car and railway access and serves more than 30 tenants, who are active in various industries. We thank the Crosspoint Real Estate team and Secu Legal for the assistance and support provided throughout the transaction”, said Andrei Timofte, General Director, Transilvania Constructii S.A.
“We are proud to have been able to participate with Transilvania Constructii in a project that highlights a logistics area with great development potential in Arad, a city which, along with Timisoara or Oradea, can be among Romania’s main development poles in the West of the country. At the same time, Transilvania Constructii is a good example that the Romanian companies are increasingly well capitalized and are expanding at an accelerated pace”, said Ionut Stan, Associate Director of Crosspoint Real Estate.
The initial news can be read here.