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.
CTP, the largest developer and administrator of class A logistics and industrial spaces in Romania, with a portfolio of approximately 1,850,000 sqm, has just acquired another 153,000 sqm of industrial spaces expanding its portfolio in Brasov, and enlarging its presence in Timisoara and the South of Bucharest, thus becoming present in 13 cities.
CTP, the largest developer and manager of class A logistics and industrial spaces in Romania, became the partner of Golden Fish, which rented a space of 14,500 m2 in CTPark Bucharest North, the logistics park of over 21 hectares located in Ștefănești-Ilfov.
CTP, the largest developer and administrator of logistic and industrial class A spaces in Romania, with over 1,850,000 sqm of leasable area, has acquired approximately 112,000 sqm of industrial spaces from Zacaria Industrial, representing parks in four cities, continuing thus the group strategy to be present in new cities, like Craiova and expand their developments in Sibiu, Arad and Oradea.
CTP, the largest owner and developer of logistics and industrial spaces in Central and Eastern Europe, continues to diversify its projects on the local market and will build the cargo terminal at Oradea Airport. The company was selected to carry out the project following a tender held in August 2021.
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