The Zacaria company, headquartered in Sibiu, sold part of its industrial park portfolio to CTP. The obtained capital allows the Sibiu company to support an organic growth focused on the development of industrial parks, shopping centers and residential projects.
CTP, the largest developer and administrator of logistic and industrial class A spaces in Romania, with over 1,850,000 sqm of leasable area, has acquired approximately 112,000 sqm of industrial spaces from Zacaria Industrial, representing parks in four cities, continuing thus the group strategy to be present in new cities, like Craiova and expand their developments in Sibiu, Arad and Oradea.
Reff & Associates | Deloitte Legal launches SecuRE, a proprietary digital tool that was created to help real estate owners and tenants manage regulatory compliance requirements, regardless of the kind of property they own or use and of the industry in which they activate.
Fortress, one of South Africa’s largest real estate investment trusts (REITs), has reached an agreement with Element Industrial and Paval Holding to sign an agreement to acquire ELI Park 1, a Class A industrial development in North, the latest logistics hub North-West of Bucharest, Buftea – Chitila, making it their first logistics acquisition in Romania.
Shoe e-commerce retailer Kalapod and NOVOMATIC, one of the best-known gaming companies in the field of gambling, recently joined the Eli Park 1 community in the Buftea-Chitila area, where they rented over 7,000 sq m of class A warehouses to expand their storage capacity in the vicinity of Bucharest.
The real estate developer QUALIS, with two residential projects under construction in Brașov, is expanding its portfolio into a new niche. The latest project is based on the concept of local production and storage and is materialized in the form of a logistics park that includes multiple elements of sustainability.
The real estate developer from Cluj-Napoca, Urbano Parks, consolidates its role in supporting the logistics sector by starting the collaboration with Sameday, the Romanian courier company that has registered the most spectacular growth in recent years.
CTP, the largest owner and developer of logistics and industrial spaces in Central and Eastern Europe, continues to diversify its projects on the local market and will build the cargo terminal at Oradea Airport. The company was selected to carry out the project following a tender held in August 2021.
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