WDP has signed an agreement for the development and lease of 77,000 m² of logistics warehouse space at its existing site at Bucharest for retailer Auchan.
CTP, the largest developer and long-term manager of premium industrial and logistics parks in Romania and Central and Eastern Europe, reconfirms its leading position in the local market by winning two major prizes for the real estate industry: Best Warehouse Development and Developer of the Year and Industrial Developer of the Year.
CTP is proud to announce reaching the 5 million m2 lettable milestone this month. The company has developed a portfolio of strategically located business parks over the past 20 years located throughout central Europe with 95% occupancy, creating approximately 280 million EUR of rental income for 2018. The properties have over 415 tenants employing over 60.000 people in a variety of industries, manufacturing, R&D, logistics, distribution and ecommerce across 8 countries.
German group Metro Cash & Carry has consolidated its distribution activities in a single project with an area of over 58,000 square meters, to be developed by the Belgian company WdP in Ştefăneşti, north of Bucharest.
The areas in northern Bucharest, such as Stefanestii de Jos and Chitila, have the potential to form a new logistics hub, according to the real estate consultancy company Colliers International. Over 180,000 sqm of logistics space are to be delivered next year, as the West of the capital has become loaded in terms of the development of industrial and logistic spaces.
Belgian industrial and logistics developer WdP, one of the largest players in the Romanian market, buys the CTPark Cluj I logistics park from CTP Group, the largest developer and manager of Class A logistic and industrial spaces Romania.
Dunwell, the first and only brokerage agency in Romania, specializing exclusively in the real estate market, has completed a 20,000-square-meter transaction between Ursus Breweries, one of the leaders of the beer producers market in Romania and WDP, among the most important developers of parks logistics and semi-industrial activities in Romania.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, entered the second half (H2) of 2018 with results that substantially exceed the same period of 2017, in what concerns the built and delivered units.
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