The warehouse is part of the CTPark Mogosoaia project located on the Bucharest ring road and consolidates the CTP Romania’s portfolio of over 2.1 million sqm overall, of which 1,5 million sqm in Bucharest.
“With over 4,500 pharmacies serviced throughout the country and over 200 million of units processed annually, the storage capacity and quality are essential for our business. We continue to make long term investments and to develop in order to respond to the needs of our patients and partners. With an investment of over Eur 30 million, the new National Logistic Center is a state-of-art project, being the first semi-automatic collection line on the pharmaceutical distribution and one of the largest pharmaceutical warehouses in Central and Eastern Europe”, stated Cezar Zaharia, CEO A&D Pharma – Dr.Max Group.
In the summer of 2021, A&D Pharma leased a warehouse of 9,000 sqm in the CTPark Sibiu project located in the west part of the city of Sibiu, being the second large distribution hub, after the one in Bucharest.
“Our cooperation with A&D Pharma – Dr.Max Group started in 2020 and in less than two years, we successfully delivered over 45,000 sqm in two locations, Bucharest and Sibiu, while CTPark Mogosoaia is definitely a flagship warehouse both for us and for A&D Pharma – Dr.Max Group. It is the largest pharmaceutical warehouse in Romania, delivered in record time, without any delays towards the schedule agreed with the tenant and most important these days by keeping it in the initial budget and in the usual CTP quality and standards”, said Ana Dumitrache, Country Head, CTP Romania.
The space lease transactions within the CTPark Mogosoaia and CTPark Sibiu projects were intermediated by real estate consulting firm Cushman & Wakefield Echinox.
Beside CTPark Mogosoaia, CTP owns another five industrial parks in Bucharest, covering multiple areas: from west of the city (CTPark Bucharest West and CTPark Bucharest, on the A1 highway) to north (CTPark Chitila and CTPark Bucharest North, in Stefanesti – Afumati) and south (CTPark Bucharest South, in Popesti – Leordeni).
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.