P3 Logistic Parks announces the signing of a new lease with the local subsidiary of the international group El Grupo Número 1. The new tenant will occupy 3,000 square meters of logistics and office space in P3 Bucharest A1.
The gross lettable area of industrial locations operated by CTP has passed 6 million square meters. The growth has continued due to long term trends of increasing e-commerce and supply chain relocations, supported by the covid-19 crises.
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, announces its expansion plans for the Transylvania region. The developer intends to double the leasable area of logistics spaces in Transylvania by 2023, through investments of EUR 50 million in the expansion of logistics parks around Timisoara. Some of the spaces included in the construction plan are already rented to companies in the logistics and production sectors.
The developer of logistics parks WDP has completed 157,600 sqm of logistics parks on the Romanian market, in Ștefăneștii de Jos, Sibiu and Slatina, following investments of 97 million euros. In the third quarter of this year, WDP will start the expansion with 12,000 sqm of the Profi warehouse in Roman, and with 22,000 sqm the space owned by LPP in Ștefăneștii de Jos.
P3 Logistic Parks (“P3”)signed a collaboration protocol with the Regional Branch of Railway Transport for Passengers Bucharest (CFR Călători). The agreement consists in granting train stops next to P3 Bucharest A1 park for the Regio and InterRegio trains circulating the route Bucharest - Videle and back.
Learning is key to success. CTP knows that ,and has been a long-term supporter of young talent in local communities. Reward is what motivates you to develop further, and that’s why again this year in Romania, CTP rewarded children for their very good school results.
The real estate services company JLL represented the transport and logistics company SLS Cargo in the lease of 15,500 square meters of storage space in P3 Bucharest A1, the largest multifunctional park in Bucharest, located approximately 13 kilometers west of downtown Bucharest.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has been named the landlord of choice by joint venture partnership between Maersk and IB Cargo which is going to operate a DC for IKEA Supply AG from the largest building in Romania situated in CTPark Bucharest West.
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