OTZ Logistics Group, a company that provides logistic integrated solutions for its partners and customers, along with modern warehousing and transport services, signed a lease contract for 5000 sqm of logistic spaces and 500 sqm of offices in LOG Center Timisoara, a project developed by EYEMAXX Real Estate and it finalized pre-contracts for other six cities: Brasov, Ploiesti, Cluj, Bacau, Constanta and Craiova.


"LOG Center is a network of logistic centers with a total investment of around 500 millions euro. The first project of the company on the Romanian market, estimated at approximately 40 millions euro, is LOG Center Timişoara, built on a piece of land of 12 hectares. The warehouse space will have around 51,000 square meters, while 11,000 square meters were allocated for the office spaces. LOG Center will be one of the most important providers of industrial spaces in Timisoara, and besides its spectacular stocking area, it also has an excellent location, being situated at 11 km away from Timisoara, at a short distance from International Airport "Traian Vuia". Other three of the ten centers are located in Ploieşti, Braşov, and Sibiu, while the rest regards provincial cities, too as Bacau, Cluj, Oradea, or Constanta. The total area of the projects that will be developed until 2010 reaches, according to the estimations, approximately 500,000 sqm", declared Marian Orzu, Manager of Industrial Department,

CB Richard Ellis | Eurisko.

EYEMAXX Real Estate is an active international developer, mainly focused on Eastern Europe. The company headquarters appeared as a result of a merging between several development companies and it is situated in Vienna. The affiliates of EYEMAXX Real Estate Company are also present in Bulgaria, Romania, Serbia, Slovakia, Czech Republic, Hungary, Ukraine and Russia (still in process of founding).

source : CB Richard Ellis | Eurisko