P3 to build accommodation facility in Bucharest A1 industrial park to help employees avoid long daily commutes

In a first on the logistics market in Romania, logistics property developer P3 has started work to build a multifunctional facility within its industrial park on the A1 motorway near Bucharest, which will accommodate employees of the industrial park’s tenants, who would otherwise have to do long commutes every day. The first phase of the multifunctional project will include a hostel with a capacity of 212 people, a 200-seat canteen, a supermarket and a café.

The project envisages an expansion of accommodation capacity and the addition of new services for tenants according to their requests, including a medical center, courier services, an ATM and dry cleaning. The estimated end date for the first phase of the project is the end of September 2019. Law firm Pop & Partners assisted P3 throughout the negotiation and signing of the contracts for this project.

“With a 1.3 percent unemployment rate, the availability of workforce in Bucharest and the surrounding areas becomes an increasingly acute limitation felt by our tenants as well. In order to cover the need for staff, some tenants transport their employees for long distances up to 100 km daily. In order to improve the labor force, we decided to develop this accommodation facility in P3 Bucharest A1 Park as a benefit for our current and future tenants. Tenants will be able to use the hostel to accommodate permanent employees to supplement their need for peak-time employees as well as other one-time accommodation needs (intervention teams, detachments from other locations). It is the first such project in Bucharest and reflects the philosophy of P3 to provide customers not only with a warehouse, but a whole ecosystem to facilitate the development of their business,” says Sinziana Pardhan, P3 Managing Director in Romania.

Each room in the hostel will have a maximum capacity of 3 beds and will be fully furnished and equipped: fridge, TV, air conditioning and wi-fi internet.

The hostel operator is the Romanian company Real Design SRL, under the brand IQ Hostel, which has experience in personnel relocation at national level and HR services, managing over 5,000 people relocated for projects in Timisoara, Arad, Pitesti, Brasov, Oradea, Dej, Cluj, Sighisoara and Satu Mare.

“We are particularly pleased and honored to be part of this unique project in Romania, and we thank P3 for having trusted our relocation experience. This project is an innovative solution for the employers’ needs to provide employees with optimal accommodation conditions, so that by reducing the time they get to work increases their satisfaction and efficiency. A satisfied employee can be dedicated even more efficiently. We are optimistic that we will have many requests,” says Lucian Jantuan, Managing Partner, Real Design Romania.

“Every day, more than 4,000 employees come to work in P3 A1 Bucharest Park, equivalent to half of the Chiajna or Domnesti population, the neighboring communes. By building the multifunctional project we want to encourage the development of a true community within our park. Employees will have a supermarket and a canteen with a recreation area, and we will add other services in the future. Together with the multi-modal terminal, the multi-purpose project aims to consolidate the complex and unique package that tenants can find at P3 Bucharest A1 Park and serving over 372,000 square meters of storage space,” adds Pardhan.

P3 Park Bucharest A1 is the largest multifunctional park in Bucharest, with 372,000 sqm developed, including 14 warehouses, and land that allows the construction of another 100,000 sqm of spaces, with potential delivery within 6 months, direct access to A1, and direct connection to the pan-European corridor 4. P3 Logistic Parks acquired a 16 hectare plot of land in Dragomiresti Vale, an excellent logistics location on the north-western outskirts of Bucharest. A new logistics park of 80,000 sqm – which will be known as P3 Bucharest NW Ring Road – will be developed on this land from the second half of this year. P3 Bucharest NW Ring Road has direct access to Bucharest’s new extended belt and offers quick access to all parts of the capital, as well as to the A1 and A3 motorways.