Stratulat Albulescu advises Element Group on the acquisition of 2,7 hectares land plot at the entrance to Pitesti
The land plot is located in the immediate vicinity of the A1 highway and next to an already existing commercial hub (Jupiter City, Metro and Arabesque Pitești) and will be used for a future logistic development.
Element Group (www.element.ro) is one of the most active local developers, with active investments in the office, retail and logistics & industrial segments. Founded by Ionut Dumitrescu, the group develops retail parks such as Bistrita Retail Park under Element Development brand, and a series of logistics parks in Bucharest and other cities in Romania under Element Industrial brand.
The Stratulat Albulescu team was coordinated by Managing Associate Tudor Ciambur, and also included Associate Alina Virlan.