CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, announces changes and the expansion of its management team, both local and international, in order to continue the development of the organization and to support the accelerated business growth. Mr. Robert Pitt joined CTP’s international team as Chief Operating Officer, starting the end of last year and Ms. Iuliana Bușcă and Ms. Andreea Enescu will run the business development team in Romania, starting February 1st 2018.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, strengthens in 2018 its position of the largest owner of storage and production spaces located near Bucharest.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, was awarded with two important distinctions by an international publication, at the most prestigious gala dedicated to the Romanian real estate market.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, was nominated in four categories at the tenth edition of CIJ Awards Gala, which will take place on 7 December 2017. At the end of the year with the most accelerated development pace on the local market, the company competes for the following distinctions: Warehouse Development of the Year, Warehouse Lease of the Year, Investment Transaction of the Year and Leadership of the Year.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, is starting a social responsibility program that aims to facilitate a series of meetings between high school students and representatives of important companies that are tenants in the parks owned by CTP near Bucharest.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, registered the fastest development pace in 2017, since it entered the Romanian market. CTP expanded its portfolio in the country and in the vicinity of Bucharest where they own three properties: CTPark Bucharest, CTPark Bucharest West and CTPark Bucharest North (former Chitila Logistic Park). One of the most important purchases near the capital is, next to Chitila Logistic Park, Phoenix Logistics Center, that was bought with approximately 7 million euro from the Dutch company LSREF3 Alpha Dutch Holdings B.V., in the second quarter of 2017.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, entered the last quarter of 2017 with results that exceed the previous prognosis. The Romanian company’s portfolio grew with 73% and reached more than 700,000 m2 of logistics and industrial spaces and a total market value of 364 million euro. 2017 is the year with the most accelerated development pace: over 180,000 m2 GLA were built by CTP in Romania and approximately 300,000 m2 are in the construction pipeline with delivery dates estimated for Q1 2018.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, continues its accelerated growth by acquiring a logistics park, situated in the vicinity of Bucharest, Chitila Logistic Park (CLP). The transaction was concluded in September and the value of the investment reaches EUR 17.3 million. CLP has been purchased from UBM Development, the leading European real estate developer. This acquisition is part of CTP’s strategy of reaching a total leasable area of approximately 1 million m² in Romania by the end of 2018.
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