The group of companies which owns Cupio, a Romanian brand of professional cosmetics, leased 3,200 sq. m of warehouse spaces in the CTPark Timișoara Ghiroda project, located near the Timișoara International Airport. The transaction was brokered by the Cushman & Wakefield Echinox real estate consultancy company.
CTP is developing a 98,000 sqm logistics park across the road from Expo Arad, with the possibility of expanding in the second phase of the investment. The park will serve some of the most important carriers in Europe. The construction permit was recently issued, the company also receiving the last approval required to start work.
CTP Group, Continental Europe’s largest listed owner, developer and manager of industrial and logistics real estate by gross lettable area (GLA), has recently delivered over 100,000 sqm of space to its tenants (95% leased) in CTPark Bucharest North, which is emerging as a new logistics hub for the Romanian e-commerce market.
CTP, the largest owner and developer of logistics and industrial space in the Continental Europe, has started the construction works on CTPark Oradea Cargo Terminal, the first industrial park with air cargo terminal in Romania, located in the proximity of Oradea Airport and the Eurobusiness II industrial park.
WDP Romania, a developer of logistics and industrial spaces, has under construction warehouses with an area of over 180,000 square meters in several cities in the country. The investment in these projects amounts to 133 million euros.
CTP, the largest owner and developer of industrial and logistics space in Romania, strengthens its management team and appoints Răzvan Danciu as Head of Property Management for its portfolio of over 2.1 million square meters owned in 15 cities across the country.
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.
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