In 2017, Prisum Real Estate completed the acquisition of a plot of land with an area of 2 hectares in the Theodor Pallady area of Bucharest.
A mixed-use residential, industrial and logistics project called "iPark One" is planned on the purchased land.
iPark One is located along the eastern exit of Bucharest on the access road to the A2 motorway and Port of Constanta.
The surrounding area, Theodor Pallady Boulevard, has seen robust growth with a flourishing commercial, residential and industrial district and convenient access to the public transport system.
| Project name | iPark One |
| Project | Under development |
| Completion date | Q4 2022 (estimated) |
| Warehouse space | 19,000 sqm |
| Office space | 4,800 sqm |
The area offers easy access to stores such as IKEA, Auchan, Jumbo, Metro, Kika, Decathlon etc.
Nearby there are good connections to public transport that ensure fast mobility: Nicolae Teclu metro station, tram stations 23, 27, 40 and bus 246.
Prisum Healthcare, the distributor of Himalaya pharmaceuticals, enters the real estate market. "We want to reach a market value of 50 million euros."
Known as the sole importer of Himalaya, CSL Behring and Vitabiotics products, Prisum Healthcare has developed a real estate division dedicated to the Romanian market and has started several major projects.
The value of Prisum Real Estate current asset portfolio is 8 million euros, and by the end of the year the company's representatives estimate that it will exceed 15 million euros. The company owns 3 properties on the Romanian market.
Read more in the newspaper Profit.ro (external link)
Prisum Real Estate develops and operates office and industrial projects. With strong financial figures, future vision and professional employees, the company has earned the trust of its partners by delivering solid projects at high quality standards.
