CTP, Romania’s largest developer, owner and manager of industrial and logistics propertuies by gross leasable area (GLA) has signed a new deal with Dentstore, one of the largest distributors of dental equipment in Romania, which has expanded its warehouse to 8,500 sqm of space at CTPark Bucharest.
The partnership between CTP and Dentstore began in 2018, when the Romanian medical equipment distributor moved into 1,850 sqm of space at CTPark Bucharest, and gradually expaned by 8,500 sqm today. Dentstore distributes its products from CTPark Bucharest to its customers in Romania and in Bulgaria and is a leading player in its market.
Nicoleta Gavrilă, Asset & Community Manager at CTP Romania said: “We always aim to offer our partners the chance to expand quickly and effiecintly in their existing locations. We get to know our tenants and what they need from their space and when they are ready to expand, we help them by finding or building new space within our portfolio that is often tailored to their requirments. This was the case with Dentstore, which has grown from the first 1,850 sqm warehouse it leased in 2018 to the 8,500 sqm of space it occupies today. Dentstore’s story proves once again that our appraoch to partering with and providing the right space for fast growing businesses is successful.”
Dentstore has a dedicated warehouse at CTPark Bucharest that meets all its needs. The park, which offers approximately 570,000 sqm of logistics space is the largest industrial park in CEE, located near Bucharest’s western entrance, with direct access to the A1 motorway, which supports the efficient distribution of Dentstore’s medical equipment.
Bogdan Tufeanu, General Manager Dentstore, says: “In 2018, we chose CTPark Bucharest because it offered easy access to our main logistics routes, but also to Bucharest, where a large part of our customers are. Since then, our business has grown and we appreciate that we have found here both the solutions for our development needs and a dedicated team that has supported us step by step over the last five years.”
Built according to BREEAM standards, CTPark Bucharest offers Class A warehouses for rent, designed for small and medium-sized businesses, with flexible spaces from 500 sqm to 6,000 sqm, equipped with offices and all the necessary utilities for those who want to grow their business.
CTPark Bucharest is a diverse and very dynamic park with diverse residents, from artisan coffee roasters and printers to distributors of agricultural machinery, hardware, cooling and heating systems, online distributors of cosmetics, medical devices and even manufacturers of rainwater harvesting systems and plasterboard profiles. It has evolved naturally from large logistics to smaller last mile units, courier, ecommerce and retail in general, mainly due to its proximity to one of the most populated areas of Bucharest, the western area, and easy access to the city centre as well, with Preciziei metro station just 6 km away.
CTPark Bucharest is located at km 13 on the A1 motorway, just a 15-minute drive from Păcii and Preciziei metro stations. With a total area of 57.9 hectares, of which 570,000 sqm is built-up area, CTPark Bucharest has all the necessary facilities such as a canteen, a medical point and a generous area of green spaces.
CTP is Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 10.9 million sqm of GLA across 10 countries as at 31 March 2023. CTP certifies all new buildings to BREEAM Very good or better and earned a ‘Low-Risk’ ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: www.ctp.eu
