Bulgarian company Lion’s Head starts construction of a €65 million logistics park in Romania

Bulgarian real estate investment and asset management company Lion's Head Investments has announced the start of construction of a new logistics park in Romania, valued at €65 million. The project is part of the company’s strategy to expand its presence in Central and Eastern Europe (CEE).

The logistics park, located in Popești-Leordeni, south of Bucharest, will cover 85,000 square meters and include three state-of-the-art warehouse buildings. It will offer flexible business spaces ranging from 1,500 to 40,000 sqm.

According to Vladimir Gurdjiev, Director of Logistics and Industrial Assets at Lion’s Head:

“Romania plays a key role in our regional expansion. It is a large market with an outstanding geographic position between Western and South-Eastern Europe and has real potential to become a major logistics hub. For us, this development is not an isolated project but part of a strategy that connects economy, people and sustainable investment.”

The company received the construction permit in June.

Lion's Head Investments is a joint venture between:

-        Old Mutual Property, part of the South African conglomerate Old Mutual Limited,

-        AG Capital, a regional real estate group headquartered in Sofia.

Analytical Comment — Institute of Danube Research:

The construction of Lion’s Head’s new logistics park in Romania represents an important step in strengthening the logistics ecosystem of the Black Sea–Danube macro-region. Located south of Bucharest and well connected to national and European transport corridors, the project enhances Romania’s position as a growing logistics hub in Central and South-Eastern Europe.

The development supports the ongoing reconfiguration of supply chains following regional security challenges and increased freight flows moving through Danube ports (Galați, Brăila, Giurgiulești, Reni, Izmail) and the port of Constanța. Additional warehousing capacity in Romania helps stabilise multimodal logistics in the region and provides new opportunities for cargo redistribution, including Ukrainian exports routed via the Danube.

The project is particularly relevant for Ukraine, whose export routes have increasingly shifted toward the Lower Danube. Improved logistics infrastructure in Romania:

-         increases the resilience of regional corridors,

-         enhances the efficiency of cross-border flows,

-         supports the integration of Ukrainian shippers into EU-connected supply chains.

The investment aligns with the broader trend of Central and Eastern Europe emerging as a new logistics frontier, driven by nearshoring, growth in e-commerce, and strategic infrastructure upgrades along TEN-T corridors.

IDR recommendations

1)      Strengthen Romania–Ukraine cooperation on multimodal logistics in the Lower Danube region.

2)      Encourage CEE real estate investors to explore opportunities in Ukrainian Danube ports and near-port zones.

3)      Promote digital integration of logistics systems across the Danube macro-region to ensure transparency and interoperability.