Industrial Land Opportunity
The plot is located in the central part of Romania, in the city of Brasov 166 km from the capital city of Romania, Bucharest. Brasov is an important industrial centre of Romania. On an area of 60,000 m2, it’s ideal to develop logistics and/or industrial premises. The site is situated adjacent to the E60 main road only 9 minutes drive from the Brasov City ring road and provides direct access to the motorway. With more than 250,000 inhabitants, many secondary schools, and 9 universities and colleges, Brasov offers a highly qualified workforce nearby.
The plot is perfect for logistics or industrial/manufacturing facility but would also make a good investment for a private investor looking to capitalise on the rising price of well sited industrial land as inflation takes hold and demand for plots increases.
At the end of 2020, we saw the biggest land transaction ever signed in Bucharest, for a mixed-use destination. SIF Banat-Crisana bought the IMGB industrial platform 540,000 sq m from Doosan, for approximately 40 million euros.
If we assume an average growth rate of 12.5% pa over 3 years and a purchase price of 19 Euros per sqm then the exit price would be 27 Euros per sqm in 2024 for an ROI of 42%.