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.
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.
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