CTP intends to finalize construction of buildings with an area of more than 330,000 square meters by the end of 2021, following investments of more than EUR200 million.
“We have EUR220 million projects under construction, some close to completion, others just begun. The budget went up some 10% because we have new customers and resumed previously on-hold projects like the one in Stefanesti-Bucharest North and advanced some scheduled for 2021. (…),” said Valentin Rosu, regional development director of CTP Romania.
A project moving fast is the warehouse CTP is building for the logistics operator of Kingfisher, Quehenberger, in CTPark Bucharest West.
CTP plans to deliver another 300,000 square meters of warehouses in 2022.
“The 2021 target with the new buildings is to reach 2 million square meters. The international target is 10 million square meters by 2023. We now have more than 6 million square meters.”
(English version by Loredana Fratila-Cristescu)