CTP acquired land in the CTPark Bucharest West with the goal of expanding it to more than 700,000 sqm by 2020, a figure that would make it Eastern Europe’s largest industrial park. Around 100,000 sqm is now under construction at CTPark Bucharest West, and the developer plans to carry out major investments to improve the surrounding infrastructure. This includes additional access roads and motorway exits for the site, which is located at 23 km west of Bucharest.
Total investment in CTPark Bucharest West could exceed €150m by the first quarter of the next year. “We are in a continuous expansion process and we want CTPark Bucharest West to become the most important logistics park in the region, in terms of built area, the development rhythm and the quality standards,” said CTP Romania country head Ana Dumitrache. “We currently have 30 tenants in CTPark Bucharest West, a number we wish to increase. We are committed to providing premium services and helping our customers grow their business.”
