News Article Bucharest CTP development industrial logistics Romania
by Property Forum | Industrial

CTP continues its expansion in Romania by developing a new logistics park in the Northern part of Bucharest – CTPark Bucharest North. The park, located in Ștefănești, Ilfov County, has a total area of 21 ha and has a large opening with access to the Bucharest Ring Road, close to the A3 highway. The total value of the investment in the new logistics park amounts to €65 million.

CTPark Bucharest North will have an operational space of 100,000 sqm for which the company has obtained the building permit and already started the construction. The first 20,000 sqm will be ready to be used by the first customer in autumn this year and the rest of the area will be developed in phases until the end of 2021.

“CTPark Bucharest North is a proof of our commitment to investing and expanding around Bucharest and, that our approach to provide seamless, end-to-end property development services, is an asset in our relations with our partners. With 20,000 sqm to be delivered fully this autumn and 80,000 sqm more to come by end 2021, we are confident that our €65 million investment in CTPark Bucharest North will transform the park into the go-to place for businesses looking to develop in the North of Bucharest,” says Ana Dumitrache, Country Manager at CTP.

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 »

The first client of CTPark Bucharest North is DSV Group, a global transport & logistics supplier and long term CTP partner. The 10,000 sqm rented by DSV Group have been developed be-spoke, fully customized to DSV needs and will be delivered this autumn.

CTPark Bucharest North is a logistics park adapted to the needs of its customers and offers customized flexible solutions: with units available ranging from approx. 2,400 sqm to 15,000 sqm.