Real estate developer CTP is planning to expand CTPark Bucharest Chitila with a new warehouse, covering about 25,000 sqm, which market sources say would be at least 50 percent pre-contracted, possibly by tenants already operating in the park. The estimated value of the investment in this expansion is around EUR 8.5 million.
CTP owns land in Chitila with a total area of 20.5 hectares, with access to the Bucharest ring road. On a part of the land is built CTPark Bucharest Chitila, which has warehouses with a total area of about 57,500 sqm.
Existing tenants of CTPark Bucharest Chitila include RTC Proffice Experience, MSL Logistic Services Distribution, Europharm Holding, Vrancart, Logicom Information Technology Distribution and Euroest Car.
Source: Profit.ro