GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a pan-European logistics real estate portfolio (“Maximus”) from funds managed by affiliates of Apollo Global Management, a leading global alternative investment manager, for a net consideration of approx. €950 million.
CTP, the leading developer and manager of premium industrial parks in Romania and Central and Eastern Europe launches a new product for the local market - Premium Business Units. These multifunctional units combine office, production, storage and showroom space into one.
In an industry first, CTP Invest and BRE will collaborate to implement BREEAM In-Use International across the entire CTP Invest portfolio of industrial buildings, throughout 2019 and 2020, in a landmark strategic alliance.
CTPark Bucharest is gladly hosting a new resident, FAN Courier, starting in September. The company has rented an area of approx. 2,000 sqm in the park in one of the recently launched small business units Premium Business Units, which is aimed at entrepreneurs and companies who want to have complete services at hand in the park and benefit from modern spaces between 1,000 and 3,000 sqm.
The investor and developer of logistics properties P3 has signed new lease agreements with two renowned companies: Coca-Cola HBC Romania and Mobexpert. The total area rented by the two companies in the P3 Bucharest A1 park is 5,000 square meters.
The real estate developer CTP, the largest owner of warehouses in Romania, intends to purchase the Equest Logistic Center park, located on the western outskirts of Bucharest, from the British Equest Balkan Properties fund at a price of about 28 million, according to Profit.ro estimates.
Warehouse & Distribution De Pauw (WDP), the Belgian developer of logistics and industrial space, declared revenues of 73 million euros in the first quarter of this year. Thus, WDP registered an increase of 12.5% compared to the same period last year, according to the last financial report of the company.
CTP, the leading premium industrial parks developer and
long-term manager in Romania and Central and Eastern Europe, has entered the Bulgarian market with plans to reach 100,000 square metres of leased space by the end of 2021. Bulgaria is CTP’s seventh country in the Central European region, extending the company’s geographical footprint from the North Sea and the German border to the Black Sea.
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