The industrial sector could attract up to 750,000 sq m of logistics projects by the end of this year, and Romania could establish a new record, Dunwell estimates.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, is the first real-estate developer to reach a historical milestone: 1 million square meters of built area spread in 15 logistics and industrial parks throughout Bucharest and nine other cities, strategically located in Romania.
CTP, one of the largest logistics and industrial developers, recently completed a warehouse with a surface area of 20,000 square meters for the Arctic appliance manufacturer, and is due to complete the Opsan plant construction in the near future.
The industrial and logistics market is crossing one of the best times in history, and in the first half of the year will reach the threshold of 4 million square meters, according to the representatives of JLL Romania.
CTP, the leading premium industrial parks developer and manager in Romania and Central and Eastern Europe, enters 2019 with the announcement of Mrs. Ana Dumitrache’s happy return to the company as Country Head of CTP Romania.
CTP, the largest developer and long-term manager of premium industrial and logistics parks in Romania and Central and Eastern Europe, reconfirms its leading position in the local market by winning two major prizes for the real estate industry: Best Warehouse Development and Developer of the Year and Industrial Developer of the Year.
CTP is proud to announce reaching the 5 million m2 lettable milestone this month. The company has developed a portfolio of strategically located business parks over the past 20 years located throughout central Europe with 95% occupancy, creating approximately 280 million EUR of rental income for 2018. The properties have over 415 tenants employing over 60.000 people in a variety of industries, manufacturing, R&D, logistics, distribution and ecommerce across 8 countries.
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