Timisoara Airport Park
Timisoara Airport Park (TAP) is one of Romania’s most significant industrial and logistics developments, showcasing Invest4SEE’s expertise in delivering large-scale, build-to-suit and high-performance commercial facilities. Strategically located near Timisoara Airport in western Romania, TAP offers superior access to regional and international transport infrastructure, making it a critical logistics hub in South Eastern Europe.
The park’s evolution began in 2010 when Invest4SEE acquired the original 26.41-hectare site from a German FSE-listed real estate trust. Initial zoning, prepared by Invest4SEE as early as 2007, enabled phased development to begin. Between 2010 and 2011, a 27,000 m² production facility was delivered for French automotive supplier Valeo, with an option to expand to 40,000 m². In the same period, a separate 9,000 m² built-to-own warehouse was also developed.
The park gained further prominence in 2014 when Continental AG, a global automotive leader, awarded Invest4SEE a multi-national tender to develop a 45,000 m² tire warehouse, later expanded to 73,000 m². Delivered in 2015 under a 15-year lease, this project marked a major milestone for TAP. In that same year, a 7,000 m² R&D and production facility was developed for the global metering technology leader, part of Honeywell, under a 10-year lease.
In 2016, Valeo exercised its expansion option, increasing its footprint to 40,000 m², with the new facility delivered in March 2017. Simultaneously, construction began on a 10,000 m² facility leased to Litens (part of the Magna Group), completed later that year.
Today, TAP comprises more than 101,000 m² of gross leasable area, with a planned capacity of 130,000 m². The park is fully leased to leading international tenants, with a weighted average lease length exceeding 12 years. This portfolio quality and stability led to a landmark forward-sale-purchase agreement with LSE-listed Globalworth Real Estate Investment Ltd., Romania’s largest industrial real estate transaction post-2008.
Timisoara Airport Park reflects Invest4SEE’s long-term vision and commitment to sustainable, world-class industrial development. It continues to serve as a platform for innovation, supply chain efficiency, and business growth for some of the world’s most respected industrial brands.
