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.
P3 Logistic Parks announces the consolidation of its partnership with the local subsidiary of the international group Número Uno by signing a long-term lease agreement for the 3,000 square meters of logistics and office space that the tenant occupies within P3 Bucharest A1.
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.
This year, WDP invested 14 million euros in the acquisition of land in Romania, in Dragomireşti and Ştefăneştii de Jos, according to the company's financial report. Another investment is a 60,000 sq m plot of land, in Timişoara, an investment of 5 million euros, near the Sport Mechanical Workshop bicycle factory.
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.
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