CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, acquired A1 Bucharest Park during a transaction valued at approximately 40 million euro.
In 2019, a total of 1203 industrial projects were identified and monitored, projects focused on the development of storage facilities (logistics spaces and logistics parks), according to victa.ro.
Dedeman Group and Element Industrial announce entering into a partnership to jointly invest in the development of ELI PARK 1 logistic and industrial project, located in Chitila-Buftea area, which is transforming in a new proximity logistic hub for Bucharest.
The Romanian industrial and logistics market has grown remarkably, in as far as the intensity of both developments and national freight transport is concerned. According to the real estate consultancy company Colliers International, the most active logistics hubs besides Bucharest are Constanta – the eastern most urban center, Alba – located almost centrally and Timis – the most western county in Romania, as these four markets together account for almost a quarter of the national goods transported in Romania via roads.
Globalworth, the leader of the office market in Romania and Poland, launches the Global Logistics brand, which will incorporate all its logistics assets as part of its strategy to strengthen its position on this rapidly growing segment, and announces the launch of a logistics project in Chitila (Ilfov), with an area of approximately 77,000 square meters, following an investment of 35.5 million euros, which will be built in partnership with Global Vision.
CTPark Sibiu II takes shape, the first A Class warehouse is already up and ready to receive its first tenants in about two months. The property is located 4 km from the center of Sibiu, in the western industrial area, on the administrative territory of Cristian commune and near the airport, with easy access to the A1 motorway.
CTP, a major logistics and industrial parks developer and administrator has exceeded one million sq m of leasable area of industrial and logistics projects in Romania and continues to expand.
The first private industrial park in northwest Romania is entering a new stage of development, with an investment amounting to 12 million euros, made by Adriana and Stefan Cristea, the owners of Arc Industrial Park.
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