After selling the logistics park it held at km 23 of the Bucharest-Pitesti highway, Prologis exited the Romanian market.
The park consists of four Class A buildings, developed in 2007 and 2008, and covers 107,770 square meters. It also includes 36.4 hectares of land intended for the development of customized projects.
CTP’s portfolio of Class A industrial space has a leasable area of nearly 3 million sqm and CTP plans to increase this area up to five million sqm by 2020.
In 2015, CTP has also acquired the former Mercury Business Park and Deva Logistics Park. CTP holds CTPark Network, the largest integrated system of premium business parks in Central Europe, with three million sqm of Class A spaces in over 50 locations.
Prologis is the main operator of distribution buildings in Central and Eastern Europe, with a portfolio of over 4 million sqm.