Belgian investor Johan Rogiers, one of the founders of real estate developer Liebrecht & wooD, which owns the Fashion House Outlet Center in Bucharest, has sold a land plot of almost 19 hectares, located in Chitila, near Bucharest, to Polish real estate developer MLP Group.

Romanian investors Horia Chioseaua and Iuliana Craiciu from Costea Craiciu lawyers were also involved in the transaction on the sale side.

The land plot used to belong to Liebrecht & wooD, which was planning to build Bucharest Logistic Center, one of the largest logistics parks in Bucharest. The company even had a building permit. However, the company decided to focus on retail, residential and office projects, in recent years.

MLP Group is interested in developping a similar project on the newly-acquired land. It plans to open the logistics park next year, with an area of 80,000 sqm.

Johan Rogiers is currently involved in Millstone Developments - a new real estate company, whose ambition is to become a leader in environment-friendly real estate projects. The company plans to develop a residential compound on the Grivița Lake (Flanders Residences) and a boutique office building near the Otopeni Airport (Skybox).

editor@romania-insider.com