CTP to add 300,000 sqm to Romanian portfolio in 2018

19 January 2018

CTP is planning a total expansion of at least 300,000 sqm across Romania this year. In addition to completing several warehouses in 2018, the company also intends to break ground on a number of new developments at its three logistics parks situated in the vicinity of the capital: CTPark Bucharest West, CTPark Bucharest and CTPark Bucharest North. By the end of 2018, the parks’ cumulative surface area will reach approximately 680,000 sqm.
Meanwhile, refurbishment works that are currently underway at the Chiajna logistics park are scheduled for completion this year. Work at the developer’s Timișoara and Cluj-Napoca parks are also expected to wrap up this year, while work at CTPark Pitești will continue.

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