The project will be directly linked to the runway of Oradea airport and involves a complex construction work, according to aeronautical standards, with special platforms and aircraft parking facilities, efficient traffic for them, combined with the logistical facilities needed to operate correctly and efficiently such a project.

The entire project will be built on a plot of 14.4 ha, of which 67,776 m2 will be built area, and over 27,000 m2 will be used for green spaces. The project includes three independent buildings (warehouses and hangars) and a platform of 22,100 m2.

The project has a strategic importance for the company, being the first CTP project in Oradea and having a public infrastructure component consisting in the connection between the project and the road. The plan is for the first phase of the project to start in the fourth quarter of 2021 and to take place during 2022, the second and third phases of the project will take place in 2023. If everything goes according to plan and all external factors are favorable, including market conditions and the operation of the airport, as well as the part of permits and authorizations, should at the end of 2023 the entire project be inaugurated.

"We will strive not to disappoint the expectations of the local community in Oradea and deliver a project to CTP standards - ie a premium sustainable construction, which will create added value for all parties involved," said Ana Dumitrache, Country Manager CTP Romania.

CTP ranks in the top five industrial property developers in Europe and is the largest developer of industrial and logistics parks in Central and Eastern Europe, owning over 6.6 million m² of logistics space and operating in nine countries in the region.

The company aims to expand its property portfolio by up to 10 million m² by 2023.


In Romania, CTP is the largest developer and administrator of logistics and industrial spaces of class A, with over 1,700,000 sq m of leasable area located in ten cities: Arad, Bucharest, Cluj-Napoca, Deva, Pitesti, Sibiu, Timisoara, Turda , Ineu and Salonta. (source: CTP)