CTP plans to increase the local portfolio by 42% this year, the equivalent of about 450,000 sqm. The company is analyzing new acquisition opportunities, and the development strategy comes in the context in which CTP prepares its listing on the stock exchange.
Currently, the developer is involved in the purchase transaction of the A1 Business Park industrial park in Dragomirești Vale, with an area of almost 100,000 sq m, from the Australian Cromwell Property Group. “We continue to develop the business and, at the moment, we are analyzing some opportunities. We are not currently involved in transactions as significant as the one with Cromwell, which is still on schedule to be completed by the end of the year, ”says Remon Vos, CEO and one of CTP’s shareholders. According to him, the company does not plan to sell any property in the future, the sale of the properties being against the company’s strategy.
