LPP Group leases 42,000 sqm in CTPark Bucharest West

05
Dec
2024
News - LPP Group leases 42,000 sqm in CTPark Bucharest West #Bucharest #CTPark Bucharest West #industrial #Ionuț Anghel #logistics #Romania

by Property Forum | Industrial

Polish fashion producer LPP has leased 42,000 sqm in CTPark Bucharest West, which takes the total occupied area in the project to 131,000 sqm. 


The group signed its original lease at CTPark Bucharest West for 65,000 sqm in 2023 to create its first foreign distribution centre in Romania. The company soon expanded its facility in 2024 to bolster its e-commerce operations, increasing its total footprint to 90,000 sqm. 

LPP’s facility at CTPark Bucharest West, managed by LPP Logistics, includes conveyor systems and workstations with the capacity to store up to 25 million items. 

“CTP Bucharest West is a state-of-the-art industrial park and role model in CTP’s portfolio – it offers a unique environment for clients like LPP and is always able to respond to their requirements. Our adjacent landbank of 1.8 million sqm offers development potential of 900,000 sqm, which would nearly double the size of the park, and is another reason our clients believe in CTP as a reliable and trusted partner for growth,” says Ionuț Anghel, Regional Development Manager at CTP Romania. 

CTPark Bucharest West is the largest industrial park in CEE spanning approximately 857,000 sqm. 

CTP owns industrial spaces with a leasable area of 12.6 million sqm across 10 countries. 




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