CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, invests 15 million euros in the development of a new logistics park near Cluj-Napoca. CTPark Cluj II will be located in Florești and will benefit of a total leasable area of 29,000 m². The company already owns a logistics park in Cluj County, CTPark Cluj I, located in Apahida, with a leasable area of 23,000 m², completed last year.
Reynaers Aluminum, the aluminum company, has relocated its business in Romania to one place and plans to open a new showroom in the centre of Bucharest.
P3, one of the most important investors and developers of logistics properties in Romania, has recently announced the beginning of works for its new warehouse within P3 Bucharest Park.
Helios Phoenix, owner and real estate developer, present on the local market for 20 years, has recently expanded its real estate portfolio through the acquisition of Millenium Logistic Park, situated in Popeşti Leordeni, near Bucharest.
Network One Distribution (NOD), the largest IT&C distributer on the Romanian market, is close to sign a deal with Panattoni, American company specialized in development of logistics projects, for the development of a warehouse of 30,000 sqm at km 23 on A1 highway Bucharest- Piteşti.
CTP’s portfolio of A-class industrial properties exceeds 500,000 square meters in Romania and the company is planning to extend the portfolio to 1 million sqm by 2018. CTP has made local investments worth over EUR 250 million.
According to sources in the market, Czech group P3, owned by the American fund TPG is negotiating with the gigantic Singapore fund GIC the sale of its logistics portfolio in eleven countries, including Romania, sources saying that the negotiations could be completed by the end of the year.
P3, the specialist owner, developer, and manager of European logistics properties, has started work on the construction of a new warehouse at P3 Prague D11 park. The 40,000 m² unit is the second and largest warehouse to be built at the park. More than a third (15,000 m²) is being undertaken on a Build-To-Suit (BTS) basis for the family-run French distribution company FM Logistic in a deal brokered by CBRE. The remaining space will be available to lease.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
