ProLogis Park Bucharest A1 is the first project developed by ProLogis in Romania and is located 23 km from Bucharest, Bucharest-Pitesti highway, comprising 12 buildings with over 317,100 square meters of distribution space.
Prologis Park Bucharest A1 is prominently located 23 kilometers west of Bucharest City Centre (second exit from the city) and has direct access to the A1 motorway leading west (Hungary). The park is situated just 7 km away from the future Ring Road that will provide access to the International Airport within approximately 25 minutes.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), expands its partnership in Romania with the integrated logistics company Maersk and IB Cargo to a total surface of approximately 100,000 sqm.
CTPark Bucharest West is just reconfirming its position as a regional logistic hub for the whole Balkans and beyond, by starting its cooperation with LPP, the fastest growing fashion retailer in Romania for its regional distribution center.
Supermarket chain Profi recently announced an increase in the area leased from CTP, the largest developer and administrator of logistics and industrial spaces in Romania, in CTPark Bucharest West.
CTP has signed a new partnership with Kuehne+Nagel for the development of a 50,000 m2 regional distribution center that will serve the markets of Romania, Bulgaria and Greece
CTP, the largest developer and manager of industrial and logistics space in Continental Europe, has obtained the first BREEAM Outanding certification in its Romanian portfolio for the Clubhaus multifunctional space, part of CTPark Bucharest West.
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.
CTP is honoured to have received the “Best Warehouse Development & Developer” award at the 2020 CIJ AWARDS Romania—the longest-running commercial property awards event in Romania, which took place this year on 3 December. The award represents recognition of CTP’s success story as a European developer on the Romanian market. In only five years, the company has become the leading premium industrial parks developer in the country, offering high-performance logistical solutions to its clients.
CTP, the largest developer and long-term administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, continues its expansion plans and successfully inaugurates a new logistics space for one of the largest retail companies in Romania. CTP delivers to Profi Romania a high-performance, one-piece and single tenant building, which covers extensive storage needs, both in terms of temperatures and load capacity.
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.
CTP, a major logistics and industrial parks developer and administrator has exceeded one million sq m of leasable area of industrial and logistics projects in Romania and continues to expand.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, is the first real-estate developer to reach a historical milestone: 1 million square meters of built area spread in 15 logistics and industrial parks throughout Bucharest and nine other cities, strategically located in Romania.
The industrial and logistics market is crossing one of the best times in history, and in the first half of the year will reach the threshold of 4 million square meters, according to the representatives of JLL Romania.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, entered the second half (H2) of 2018 with results that substantially exceed the same period of 2017, in what concerns the built and delivered units.
DB Schenker, a global provider of transport and logistics services, announces the opening of a new 21,000 m2 logistics terminal in CTPark Bucharest West by the end of 2018.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, conducted a study regarding the energy efficiency standards of the buildings throughout its international portfolio. The research included warehouse and production facilities built by CTP in the recent period that were compared to other new buildings on the market, as well as buildings built by CTP in 2010 and 2000 which incorporate technologies available at the time. The first results made public show that the latest CTP-built buildings lead the market, offering up to 40% cost savings.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, continues to strengthen its position on the domestic market through a series of major investments in the development of CTPark Bucharest West.
CTP, the most dynamic developer on the Romanian logistics and industrial market, continues its large-scale investment series in 2018, on the backdrop of national consumption growth, as well as industrial production growth of 5-6% and online retail effervescence.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has won the distinction for excellence in the “Development and Business” section, at the fifth edition of the “Euro-Constructions Awards” Gala.
CTP, the leading premium industrial park developer and long-term property manager in Romania and CEE, and NETWORK ONE DISTRIBUTION (NOD), the leader of the Romanian IT&C distribution market, expand their cooperation in CTPark Bucharest West, reaching circa 44,000 m² of logistics spaces leased in two buildings. A new agreement was concluded for an extension of approximately 14,000 m², situated in a new warehouse that will be finalized in Q4 2018. NOD already occupies over 30,000 m² of logistics spaces in CTPark Bucharest West that were delivered in 2017.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and the Belgian logistics company Van Moer Logistics expands their collaboration in CTPark Bucharest West reaching approximately 20,000 m² of logistics spaces, situated in a new warehouse that will be finalized this year.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and DSV, the fifth biggest global transport and logistics companies, signed a leasing agreement for approximately 40,000 m² in CTPark Bucharest West. CTP invested about EUR 12 million in the development of the new logistics spaces occupied by the Danish company in the first days of February.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, announces changes and the expansion of its management team, both local and international, in order to continue the development of the organization and to support the accelerated business growth. Mr. Robert Pitt joined CTP’s international team as Chief Operating Officer, starting the end of last year and Ms. Iuliana Bușcă and Ms. Andreea Enescu will run the business development team in Romania, starting February 1st 2018.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, strengthens in 2018 its position of the largest owner of storage and production spaces located near Bucharest.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, was nominated in four categories at the tenth edition of CIJ Awards Gala, which will take place on 7 December 2017. At the end of the year with the most accelerated development pace on the local market, the company competes for the following distinctions: Warehouse Development of the Year, Warehouse Lease of the Year, Investment Transaction of the Year and Leadership of the Year.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, finalizes first phase of social responsibility program dedicated to the workforce market from the vicinity of its parks from Western part of Bucharest.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, entered the last quarter of 2017 with results that exceed the previous prognosis. The Romanian company’s portfolio grew with 73% and reached more than 700,000 m2 of logistics and industrial spaces and a total market value of 364 million euro. 2017 is the year with the most accelerated development pace: over 180,000 m2 GLA were built by CTP in Romania and approximately 300,000 m2 are in the construction pipeline with delivery dates estimated for Q1 2018.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, continues to strengthen its status on the domestic market through a series of important investments in the development of CTPark Bucharest West, which is designed to become the largest logistics park in Eastern Europe, with the fastest growth rhythm in Romania. The total investment in the CTPark Bucharest West will exceed 150 million euros by the first quarter of the next year
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, invests in next generation facilities in Romania, setting new standards on the logistics market. Currently, the company prepares to obtain the BREEAM (Building Research Establishment Environmental Assessment Methodology) certification for the CTPark Bucharest West, which will reflect the advanced building sustainability of its warehouses.
Danish group DSV, one of the largest European companies on the transport-logistics sector, has signed the EUR 50 million lease for 90,000 sqm of warehouses near Bucharest with CTP, a group specializing in the industrial space construction, development and rental.
CTP, the European Bank of Reconstruction and Development (EBRD) and BCR announced the closing of a credit facility totalling EUR 75.8 million, of which EUR 36.7 million were granted by EBRD and EUR 39.1 million by BCR.
Industrial properties developer CTP could receive from EBRD (European Bank for Reconstruction and Development) a loan of up to EUR 29.2 million to finance the new industrial buildings in construction within CTPark Bucharest West.
CTP invests EUR 3 million in order to refurbish its portfolio by replacing current illumination system with LED lights, over a total area exceeding 54,000 m2, including both interior and exterior spaces.
Czech logistics facilities developer CTP had last year revenues of EUR 21 millions from rents on the local market, namely 10 pct. of the total business of the group.
CTP, one of the largest investors in logistics and industrial spaces on the local market, has in plan to invest a quarter of billion Euros in Romania in the following two years, says Remon Vos, CEO of the company.
CTP, which became last year the largest industrial real estate owner in Romania, bought a quarter of the plot of land near A1 highway (Bolintin Deal area), a plot put on sale by the businessman Nicolae Raţiu.
With a presence already very active on the industrial spaces market in Romania, the development plans of CTP are ambitious: reaching one million square metre built by 2018.
CTP, one of the largest investors in industrial and logistics facilities, started works for a new building within CTPark Bucharest West, an investment of EUR 35 million to be completed in the second quarter of next year.
Logistics and industrial parks developer and operator CTP started the construction of 30,000 sq. m in CTPark Bucharest West, out of which 15,000 sq. m are rented by the Romanian logistics company OTZ.
Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.
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