P3 Logistic Parks (“P3”) closed transactions for 78,000 square meters of office and logistics space in Romania in the first nine months of this year. Of the total transactions, 34% are new long-term contracts (26,533 sqm) and two thirds are short-term contracts or extensions of existing contracts (51,505 sqm).
CTP, Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate by gross lettable area (“GLA”), is putting another pin on the map of Bucharest, this time in the South, in the Popesti – Leordeni area, by expanding the existing CTPark Bucharest South to 150,000 sqm.
CTP, continental Europe’s largest listed owner, developer and operator of logistics and industrial real estate by gross lettable area, has welcomed Germany’s Diehl Controls, a leading global high-tech manufacturer, as the maiden tenant at its new 50,000 sqm business park at the city of Brașov in central Romania.
CTP, the largest owner and developer of industrial and logistics space in Romania, has extended its partnership with QeOPS, one of the leading providers of e-fulfillment services and customized logistics solutions in Romania. With this expansion, QeOPS has increased its occupied warehouse space in CTPark Bucharest to approximately 15,000 sqm.
CTP has signed a new partnership with Kuehne+Nagel for the development of a 50,000 m2 regional distribution center that will serve the markets of Romania, Bulgaria and Greece
CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.
Warehouses de Pauw (WDP), a real estate developer active in the logistics market, recorded in the first nine months of 2022 an investment volume of approximately 430 million euros (Q3 2022: 170 million euros), consisting of new projects and land, acquisitions of existing buildings, to which are added investments in the energy transition in addition to the strategic investment plan in the purchase of 10% of Catena shares.
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