Maersk and IB Cargo expand to 100,000 sqm at CTPark Bucharest West

23
May
2023
News - Maersk and IB Cargo expand to 100,000 sqm at CTPark Bucharest West #Ana Dumitrache #CTP #CTPark Bucharest West #IB Cargo #Maersk #Romania

by Property Forum | Industrial

Maersk and IB Cargo have reached 100,000 sqm of leased warehouse space in CTPark Bucharest West, the industrial park developed by CTP in western Bucharest. 


Maersk entered on the Romanian market in 2021, with the distribution centre operated in partnership with IB Cargo. As the business developed, the space leased in CTPark Bucharest West increased by over 30%, reaching now a total surface of approximately 100,000 sqm. 

The warehouse is being operated for a major furniture retailer, which is also the largest operation of logistics service providers in this part of the world and covers Eastern Europe, the Balkans, the Middle East and Turkey from one location. 

"We are growing together with our residents. The recent expansion of our partners Maers and IB Cargo proves that we can respond not only to the set-up operations, but also to those of further growth, which is extremely important in terms of cost management for logistics", said Ana Dumitrache, Managing Director of CTP Romania. 

CTPark Bucharest West, planned to become the largest industrial park in Europe, has a built-up area of 770,000 sqm, with another 160,000 sqm under construction. 

CTP owns a portfolio of approximately 2.5 million sqm of class A warehouses in multiple cities in Romania. 




Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.


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