Industrial company Oresa Industra increases the size of its logistics hub in northeastern Romania by 15,000 square meters.

Oresa Industra, a division of the Swedish group Oresa, has announced the expansion of its industrial real estate portfolio in Romania. The company has obtained a building permit for a new extension of the Industra Park Iaşi logistics park in Letcani.

The new extension, spanning over 15,000 sqm, is expected to be completed in the first part of next year. This addition will bring the total leasable area of the Industra Park Iaşi project to exceed 50,000 sqm.

The news was reported by Ziarul Financiar, and it marks the continuation of Oresa Industra's expansion in the industrial real estate segment, which started in 2021. The company's portfolio now includes projects in multiple locations, including Arad and the Bucharest area.

The exact details about the intended tenants or uses of the new spaces in the extension were not provided in the article. However, it is known that the company has projects beyond the Industra Park Iaşi logistics park.

The Industra Park Iaşi logistics park is located in Letcani, Romania. The city of Iaşi in Romania expects the opening of the new extension of the Industra Park Iași Logistics Park by Oresa Industra in the first part of next year.

Oresa Industra entered the industrial real estate segment in Letcani in 2021. Since then, the company's portfolio has expanded to over 100,000 sqm after the investments in Arad and the Bucharest area. The company's portfolio now exceeds this figure, but the specific details about these projects were not disclosed in the article.

The Swedish group Oresa is the owner of Oresa Industra. The company's expansion in the industrial real estate segment is ongoing, and it is expected that more news about new projects will be announced in the future.

Industrial company Oresa Industra increases the size of its logistics hub in northeastern Romania by 15,000 square meters.