CTP, the largest owner and developer of industrial and logistics space in Romania, has partnered with Blum, one of the world’s leading manufacturers of furniture hardware. CTP will set up a 2,200 sqm warehouse for the Austrian manufacturer’s subsidiary in CTPark Bucharest North, in the Stefanesti area.
CTP, Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate by gross lettable area (GLA), reported a 306% rise in net profit in the 12 months to 31 December 2021 to €1,026 million, compared with €252.2 million for the same period of 2020.
CTP bought from Dan Şucu the Mobexpert project from Târgu Mureş, located in the Mureş Industrial Park near the local International Airport, with an area of 25,000 sq m, which includes both storage and production facilities.
CTP, the largest developer and administrator of class A industrial and logistics spaces in Romania, continues the development of CTPark Bucharest North with new buildings with a total area of 95,000 sqm.
CTP, the EU’s leading listed developer and owner of logistics real estate by gross lettable area (‘GLA’), reported a 92% rise in profit for the first nine months 2021 to €317.8 million, compared with €165.8 million for the same period of 2020. The company's portfolio reached 7.1 million sq m, of which 2 million sq m are in Romania.
CTP, the largest owner and developer of industrial and logistics spaces in Romania, has concluded a partnership for the next 5 years with Tuborg Romania. CTP will develop in CTPark Bucharest North, a project located in the Ștefănești area, a dedicated warehouse of 10,300 m2 that will be customized to meet the client's needs.
CTP, the largest developer and manager of industrial and logistics spaces in Romania, announces the expansion of its business and consolidation of the management team responsible for local
operations. Sorina Florescu was appointed Head of Marketing for Romania and is responsible in this role for managing and overseeing integrated marketing campaigns and initiatives to drive further growth.
CTP's external evaluator, C&W, updated its revenue-generating portfolio valuations for the third quarter of 2021. These valuations indicate the compression of material returns compared to the end of 2020.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
