A&D Pharma also is a tenant of the CTP parks in the cities of Sibiu and Bucharest, with CTPark Mogosoaia hosting the largest pharmaceutical warehouse in Romania.
The new warehouse developed in Craiova is fully leased and the lease transaction was brokered by real estate consulting firm Cushman & Wakefield Echinox.
CTPark Craiova East is located in the eastern part of the city of Craiova, with fast access to European roads E70, E79 and E574 which offer easy connection to Bucharest and the town of Pitesti. The industrial park covers an area of 40,000 sqm, and upon this expansion, it will reach a total area of almost 53,500 sqm.
In Romania, CTP has a total area of over 2,1 million sqm of class A warehouses across 15 cities: Arad, Brasov, Bucharest, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Targu Mures Timisoara, Turda, Caransebes, Ineu and Salonta. CTP’s portfolio is expected to exceed 2.5 million sqm until the end of 2022.
A&D Pharma is one of the largest pharmaceuticals groups in Romania, providing pharmaceutical retail and medical drug distribution services. In Romania, the Group operates through two business lines: the medical drug distribution, Mediplus Exim SRL, and the retail pharma line, Dr.Max and Sensiblu.