CTP, the largest developer and owner of industrial projects in Romania, will expand its CTPark Bucharest North project by 95,000 sqm.
The investment will generate up to 1,000 jobs and benefits from tax exemptions. The new project called Afumați Industrial Park will be developed on a land plot of 18 hectares. The first building is slated for delivery in the second quarter of 2022.
”We see a growing demand for quality industrial and logistics spaces in the North of Bucharest. We will expand CTPark North Bucharest through a new investment, with different types of buildings and flexible spaces, starting from 500 sqm,” said Ana Dumitrache, Country Head, CTP Romania.
CTPark Bucharest North was opened in July 2020 and has an area of 27 hectares. The company has 2 million sqm of warehouse space across 14 Romanian cities.
