Deloitte Romania assisted the Belgian industrial and logistics real estate developer WDP in the acquisition of Global Logistics Chitila, Targu Mures Logistics Hub and Black Sea Vision, from a joint venture between Globalworth and Global Vision. The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta, with a total potential gross leasable area (GLA) of over 300,000 sqm, for development in the near future. The transaction was signed in June and closed in July 2024, having an estimated value of 110 million euros.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces LPP, one of Central Europe’s fastest growing fashion retailers is moving into a new e-commerce facility at CTPark Bucharest West. LPP, which is already an occupier at the Park is together with CTP, extending its current building to support the delivery of the new facility. This will take LPP’s total footprint at the Park to around 90,000 sqm with the new e-commerce facility comprising around 40,000 sqm with the remainder of the building being used as an LPP distribution centre.
CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the successful delivery of 23,000 sqm from CTPark Arad West project, with an additional 20,000 sqm ready for tenant fit-out. The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB, and provides state-of-the-art facilities for logistics and production activities.
Real estate developers Globalworth and Global Vision are negotiating with the Belgian group WDP for the sale of three logistics parks they jointly own in Romania, according to sources in the market, a transaction that will represent the exit of Globalworth from the Romanian logistics market.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the extension of the contract for 17,000 square meters of space at CTPark Craiova with Cummins Generator Technologies, a market leader in power solutions and a subsidiary of global power leader Cummins Inc.
CTP Romania completed the final reception of the construction works of the cargo terminal at Oradea Airport, a private investment of the company, worth over 33 million euros.
CTPark Oradea Cargo Terminal is the first industrial park in Romania with a cargo terminal directly connected to the runway.
Linia Wood&Metal company opens Linia Projects in a new 6,700 square meters leased space in Chitila Logistics Hub, a project developed by Global Vision in partnership with Globalworth. The industrial park has a total area of more than 77,000 square meters and features extensive storage spaces, customized production facilities, and modern office spaces.
E-commerce logistics provider HelpShip has leased 12,500 sqm of warehouse space in CTPark Oradea Cargo Terminal, a project owned by CTP, Europe's largest listed industrial and logistics space developer by gross leasable area.
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