News Article CTP industrial lease logistics report Romania
by Property Forum | Industrial

CTP announced that it had successfully leased a total of 450,000 sqm in Romania in the 2019–2020 period, including to some of the most important players in key industries such as retail, e-commerce and automotive.

CTP entered the Romanian market in 2015 and since then has become the largest developer and operator of premium industrial and logistics parks in the country. Currently, the company owns 15 CTPark-branded logistics parks in Romania, with a total leasable area of over 1,500,000 sqm of Class A warehouses across 10 cities in the country.

CTP’s ease of 450,000 sqm of new space took place in just two years. The company attracted major tenants from diverse fields, including e-commerce, retail, and automotive, while simultaneously supporting existing clients with new development projects and by showing flexibility for their expansion needs on-demand.

The company has delivered production spaces that fully comply with the customised technological processes of the tenant, as well as flexible, state-of-the-art logistics and warehouse facilities. These strengths are reflected in CTP’s current pipeline in Romania, which includes three buildings with integrated cross-dock systems and a complex, built-to-suit logistics space for a courier company. CTP’s 2020 project list in Romania also includes logistics warehousing for frozen and refrigerated products, as well as regional logistics centres for general storage.

Sustainability plays a central role in CTP’s development strategy, which combines the use of new technologies with conservation to ensure reduced operating costs and a greener workplace. Each new CTP building holds high-level BREEAM certification (Very Good, Excellent and Outstanding).

“When I started my sales career, I received restrictive advice on limits and sales targets: I was told that I should not exceed them, because, the following year would have come with even more ambitious targets. I am glad that, after years of experience in the field, I still have that extraordinary joy of exceeding targets and receiving even more ambitious ones for next year. With the help of an excellent product, and thanks to a team of super professionals, we have managed to win the trust of renowned customers including Maersk / IB Cargo, Profi, DSV, DB Schenker and Orange. We are convinced that they will not be disappointed by the buildings or by our team,” Ana Dumitrache, Country Manager of CTP Romania comments.

Ana Dumitrache

Ana Dumitrache

Country Head Romania

Ana Dumitrache is Country Head of CTP Romania. She joined CTP in November 2016. After a one-year break, while she worked for CBRE, Ana came back in January 2019 bringing with her a deeper understanding of the real estate market. With her knowledge in communication and real estate business, she aims at making CTP Romania the largest industrial hub in CEE. Before joining CTP, she was a banker working for Erste Group Romania as head of Real Estate Department. More »

“Our way of operating is like a treasure hunt, only we are the ones who find the solutions. Whatever the challenge related to the complexity of the building, or no matter how demanding the work schedule, we have proven that we deliver on time and on budget. The needs of our customers are always first and foremost and we make every effort to meet them. For me, it is a pleasure to conclude an agreement with customers such as Michelin, MSL Logistics, Pepsi, Fan Courier, Sumproduct and many others. I believe that a key factor in our success is identifying the optimal balance between the client's expectations and needs. We are always ready for even greater success, and I thank everyone for their trust,” Andrei Koszti, Regional Commercial Manager explains.

Major transactions concluded by CTP Romania in the last two years include:

  • IB Cargo & Maersk: 75,000 sqm
  • Profi: 65,000 sqm
  • Michelin: 17,000 sqm
  • Urgent Cargus: 15,000 sqm
  • Pro-Packing & Logistics: 10,000 sqm
  • Orange: 8,000 sqm
  • Coca-Cola: 2,500 sqm
  • Sherwin Williams: 2,500 sqm