The new investment in the Afumați area is exempt from paying property tax in its position as an industrial park and will generate between 300 and 1,000 jobs, depending on the use of the leased space. This benefit will be passed on to CTP partners to support business development and ensure homogeneous organic growth.
Together with the Afumați City Hall, CTP Romania announced the launch of a new phase, called Afumați Industrial Park, a development on an 18-hectare site. The new investment will total around 95,000 square meters of industrial and logistics space, and the first building will be delivered in the second quarter of 2022. CTP is also diversifying the type of buildings, offering for rent areas from 2,500 to 50,000 square meters, as well as smaller spaces of 500, 800 or 1,000 square meters for companies in the early stages of development.
“We’re seeing a growing demand for quality industrial and logistics space in the north of Bucharest. We will expand CTPark North Bucharest with a new investment, with different types of buildings and flexible spaces, starting from 500 square meters,” said Ana Dumitrache, Country Head, CTP Romania.
The CTPark Bucharest North logistics park opened in July 2020 and covers an area of 27 hectares.
In Romania, CTP owns a total of 2 million square meters of Class A warehouses in 14 cities in Romania: Arad, Brasov, Bucharest, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Timisoara, Turda, Caransebes, Ineu and Salonta. In Bucharest, CTP owns five industrial parks: CTPark Bucharest North, CTPark Bucharest, CTPark Bucharest West, CTPark Bucharest South and CTPark Chitila.
(English version by Loredana Fratila-Cristescu)