The transaction was brokered by real estate consulting firm Cushman & Wakefield Echinox.
The new warehouse will facilitate the supply process of both pharmacies in central and western Romania, and the distribution of online orders, the company said a statement.
A&D Pharma is one of the largest pharmaceutical groups in Romania, which provides care pharmaceutical retail and medical drugs wholesale services. In Romania, the group operates through two business lines, the medical drugs wholesale line, Mediplus Exim SRL, and the retail pharma line, Dr.Max and Sensiblu.
CTP owns logistics and industrial parks covering over 1.5 million sqm, of which 1.3 million sqm are concentrated in Bucharest. CTPark Sibiu is a project started in 2019, with a built area of 20.000 sqm covering two distinct buildings, with a development potential of over 100,000 sqm.