Industrial developer CTP has completed the first phase of its CTPark Arad West project spanning 23,000 sqm, with another 20,000 sqm ready for tenant fit-out.
CTP has started the development of a new industrial project in Arad with a leasable area of around 100,000 sqm. CTPark Arad West will be the third project owned by CTP in the city.
Elmet Group Metal & Electric, a metal and electric components specialist, will lease 4,565 sqm of space for production and storage activities within ELI Park 5 Bucharest. The project is being developed by ELI Parks in partnership with Eren Cons.
P&G Romania will relocate its HQ to a space of approximately 7,000 sqm in YUNITY Park business campus, developed by Genesis Property. The lease contract will run for 10 years.
DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
New appointments
Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.
Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
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