Learning is key to success. CTP knows that ,and has been a long-term supporter of young talent in local communities. Reward is what motivates you to develop further, and that’s why again this year in Romania, CTP rewarded children for their very good school results.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has been named the landlord of choice by joint venture partnership between Maersk and IB Cargo which is going to operate a DC for IKEA Supply AG from the largest building in Romania situated in CTPark Bucharest West.
eMAG, the leader of the local online retail market, will invest 90 million euros in a new logistics center, at km 19 of the A1 motorway, which will cover an area of 130,000 square meters. Construction work will begin this month and will be completed in September next year, and all automation and technology will be operational by July 2022.
For the integrated real estate services platform Global Vision, the end of summer means an intense period of work. It is about completing 3 logistics and industrial projects in 3 strategic areas of the country and accommodating tenants who have decided to expand or move their operations in projects developed by Global Vision.
In the industrial & logistics area, it has been business as usual during the pandemic, with some seeing big spikes in activity, but a significant pipeline of speculative developments and a competitive market are tilting the balance in favour or tenants.
The representatives of the public administration from Mirăslău commune, Alba, say that there are all the conditions for the construction and arrangement works of the largest logistics terminal in the county to start in Decea locality this autumn.
Urbano Parks, a company founded by entrepreneurs Mircea Ilea, Alexandru Şerban and Daniel Paraschiv from Cluj-Napoca, announced that over 95% of the construction works in phase I have been completed, and the infrastructure part of the park, interior installations and office finishes are in progress.
The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most dynamic market in the Central and Eastern European region and a logistic regional hub throughout the analyzed period, according to the real estate consulting company Cushman & Wakefield Echinox.
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