The proximity stores network doubles its rented space in Log.IQ Ploiești, one of the most important logistics projects of Immofinanz Group in Romania.


The partnership with Profi Rom Food has extended with five years and the retailer expanded the area with 12,000 sq. m, to a total rented of approx. 27,100 sq. m.


The expansion, part of the second construction phase of Log.IQ Ploiești, starts in February 2016, within a contract valid through 2023.


The collaboration dates since 2013, when the retailers had, as sole tenant of Log.IQ Ploiești, 15,000 sq. m of logistics space.


"With this expansion agreement, over 80 pct of the second construction phase is already pre-rented", a said Sorin Vișoianu, country manager Office & Logistics of Immofinanz in Romania and Bulgaria.


"The site in Ploiești is the ideal base for our operations, as it allows to optimize the supply process of the store network and sustains our expansion strategy in the area of supermarkets", added the representatives of Profi Romania.


Log.IQ Ploiești is a large A class industrial development project, situated in the Western part of the city, with direct access from DN 72 – Târgoviște. The plot includes 38 ha, with 15,000 sq. m developed in the first phase of the project, initiated in 2007. The second phase of development will be delivered by Immofinanz Group in February 2016 and will increase the total rentable area of the logistics portfolio in Romania up to more than 67,000 sq. m.


Immofinanz Group is active in the logistic sector since 1991. Its logistics portfolio, which functions under the brand of LOG.IQ, includes 59 logistics centres, from the North Sea to the Black Sea and more than 1,000,000 sq. m (as of 31st of January 2015). (source: