CTPark Cluj II will be located in Floresti locality and will have a total lettable area of 29,000 square meters.
The company also owns CTPark Cluj I in Cluj County (Apahida locality), which covers 23,000 square meters and was completed in 2016.
The new logistics park will be built on a plot of land of 65,000 sqm. Works will be completed in two stages: the first stage in March 2018 and the second one in the second half of 2018.
CTPark Cluj II will have 29,000 square meters of storage space, of which approximately 8,000 sqm are already leased by one of CTP’s strategic clients. The remaining 21,000 sqm available are in a single warehouse.
CTP has recently acquired two logistics parks in western Romania, in the towns of Ineu (Arad County) and Salonta (Bihor County), from Slovak firm IPEC Group, following an investment of nearly EUR18 million. The two properties total 119,000 square meters of land and 37,000 sqm of leasable area and are part of the company’s long-term strategy to strengthen its foothold countrywide.
CTP currently holds industrial and logistics parks in ten cities in Romania, of which seven are located in western Romania, in Arad, Cluj-Napoca, Turda, Deva, Timisoara, Ineu and Salonta.