The business park is located 23 km from the Bucharest city center and has direct access to the A1 highway. Other tenants include Rhenus Logistics, Tibett Logistics and Dumagas Transport.
CTP plans to expand its business in Romania, company general manager Remon Vos said in a statement Tuesday. The company, which in 2007 planned to develop several logistical parks in Romania, bought two such properties at the beginning of the year: Mercury Business Park from investment fund Heitman and Cefin Arad from Italian developer Cefin.
CTP, headquartered in the Netherlands, has over 2.5 million sqm pf class A spaces in over 50 locations.