Highlights

Type: Industrial
Status: Standing / Development
Year of completion: 2011 / 2015 / Total development
GBA : 27,474 sq m / 81,349 sq m / 123,380 sq m
Layout:
Status:
GF+1F
Acquired

Overview

The Timisoara Airport Park (“TAP”) is a light-industrial complex located in the North-East of Timisoara. The property is in close vicinity to the international airport and benefits from easy access to the fourth European Corridor.

The complex has been developed in phases and it currently offers a total GLA of 81,349sqm which is almost exclusively let to Valeo, Continental and Elster.

As of 2011, it offered c.27,474sqm of light-industrial space, with an additional c.45,400sqm delivered in Q2-15 and c.9,100sqm in Q3-15. On the exercise of all the expansion options available to its tenants, the complex will offer a total of c.123,380sqm of light-industrial space.