The pharmaceutical company Fildas recently leased a warehouse with an area of 3,400 square meters and 400 square meters of offices for their regional distribution operations in Brasov, in the project that will be developed by VGP in the western part of the city. The transaction was intermediated by the real estate consulting company Cushman & Wakefield Echinox.
Zacaria has maintained a good pace of transactions throughout 2020, despite the Covid-19 pandemic, managing to reach the threshold of 47,000 m2 of leased industrial space, through new contracts or the extension of existing ones. The Romanian developer has fully leased the industrial park in Craiova, and the newest project in Sibiu, with an occupancy rate of 93%, is very close to being fully occupied.
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, announces the lease of an area of 450,000 sqm to customers in Romania in the last two years. The buildings were rented to players from retail, e-commerce or automotive.
In the first nine months, the developers delivered industrial and logistics projects with an area of 410,000 square meters, a volume absorbed almost entirely by market demand during this period, which stood at 392,000 square meters, according to Bucharest City Report Q3 2020 of JLL Romania
CTP, one of Europe’s top-five logistics property companies and the largest logistics property owner-developer in CEE, has successfully issued its second Green bond for EUR 400 million, following the company’s inaugural EUR 650 million issue in October. The proceeds from both bond sales will be used to finance a portfolio of Eligible Green Assets. CTP maintains a strong commitment to sustainability and targets carbon neutral operations by end 2021.
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.
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