CTP's external evaluator, C&W, updated its revenue-generating portfolio valuations for the third quarter of 2021. These valuations indicate the compression of material returns compared to the end of 2020.
The real estate developer QUALIS, with two residential projects under construction in Brașov, is expanding its portfolio into a new niche. The latest project is based on the concept of local production and storage and is materialized in the form of a logistics park that includes multiple elements of sustainability.
CTP, the largest owner and developer of logistics and industrial spaces in Central and Eastern Europe, continues to diversify its projects on the local market and will build the cargo terminal at Oradea Airport. The company was selected to carry out the project following a tender held in August 2021.
The total stock of industrial and logistics spaces gained close to 200,000 sqm in the first half of this year to more than 5.4 million sqm and the sector will continue to expand by the end of 2021, according to data from real estate consultancy Avison Young.
In the first quarter of this year, a total of 264,000 sq m of industrial space were rented on the Romanian market, according to the report launched by CBRE, the leader of the real estate consulting market. The traded volume marks an increase of 43% compared to the same period last year, in the context in which 2020 was a record year for the industrial space market.
Sfântu Gheorghe City Hall wants to expand the area of the Câmpu Frumos Industrial Park, built through the Regional Operational Program almost 5 years ago.
One of the most active developers of logistics and industrial spaces in Romania, WDP recently announced the group's results in the first quarter of 2021, as well as its plans for the future.
CTP, the largest developer and operator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, announces the rapid progress of construction work started this year. In Romania, CTP aims to complete the construction of its new buildings with a total area of 300,000 m2 by the end of 2021 and the investments dedicated to these projects will reach 200 million euros.
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