LPP reaches 90,000 sqm of warehouse space in CTPark Bucharest West

23
Jul
2024
News - LPP reaches 90,000 sqm of warehouse space in CTPark Bucharest West #Bucharest #CTP #CTPark Bucharest West #Ionuț Anghel #LPP #Romania #Sebastian Sołtys

by Property Forum | Industrial

Polish fashion retailer LPP has reached 90,000 sqm of leased space in CTPark Bucharest West, after opening a new e-commerce facility spanning 40,000 sqm in the project. 


The facility will employ up to 1,500 people and will benefit from the latest technology including state-of-the-art conveyor systems and workstations. The project will have the capacity to store up to 4 million items. 

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

The close proximity to the Port of Constanța will enable LPP to efficiently receive orders from its Asian suppliers. It will also support deliveries from the wider LPP logistics network and act as a crossdock hub for deliveries from Poland. 

Ionuț Anghel, Regional Development Manager at CTP, said: “LPP’s new e-commerce facility at CTPark Bucharest West has been designed and delivered to meet LPP’s individual requirements that will support the continued growth of its business. We worked closely with LPP at every stage to ensure the facility could be successfully delivered within a tight timeframe.” 

Sebastian Sołtys, President of the Management Board of LPP Logistics, added that the new e-commerce warehouse will allow the company to increase its operational capacity and boost order fulfilment. 

“This is our third investment in this country, one of the fastest growing countries in the region. An unquestionable advantage of this location is its strategic location in relation to the Black Sea port of Constanta, which makes it possible for us to diversify our shipping paths and receive the Group’s orders directly from Asian suppliers,” added Sołtys. 

LPP’s employees will be able to use the facilities included in Clubhaus. It includes spaces for meetings, lectures, and training sessions, alongside a canteen, supermarket, amphitheater, outdoor areas for exercise and an onsite surgery for medical appointments. 




New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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