CTP is honoured to have received the “Best Warehouse Development & Developer” award at the 2020 CIJ AWARDS Romania—the longest-running commercial property awards event in Romania, which took place this year on 3 December. The award represents recognition of CTP’s success story as a European developer on the Romanian market. In only five years, the company has become the leading premium industrial parks developer in the country, offering high-performance logistical solutions to its clients.
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, acquires an area of 95,000 m2 of buildings from the Australian group Cromwell Property Group, representing the largest transaction in terms of surface on the Romanian logistics market in 2020.
P3 Logistic Parks (P3), a long-term manager and developer of European warehouse properties which is wholly owned by GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a German retail logistics real estate portfolio (“Matrix”).
CTP, the largest developer and long-term administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, continues its expansion plans and successfully inaugurates a new logistics space for one of the largest retail companies in Romania. CTP delivers to Profi Romania a high-performance, one-piece and single tenant building, which covers extensive storage needs, both in terms of temperatures and load capacity.
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 Italian outdoor footwear manufacturer Asolo moves, at the beginning of next year, to a new Class A industrial space, of over 3,600 sq m, located in Network Industrial Park, developed by the Maltese from Zacaria in Sibiu.
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.
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