The industrial park consists of four buildings, totaling 107,770 sqm and 36.4 hectares of land for potential development.
CTP CEO Remon Vos stated that, by the end of the year, the company’s portfolio will include over three million square meters in Central Europe.
Prologis has a portfolio totaling 4.3 million sqm in five CEE countries and is one of the world’s largest developers of industrial and logistics parks.
This year, CTP also bought Mercury Logistics Park project near Bucharest-Pitesti highway, from US investment fund Heitman, and renamed it CTPark Bucharest West, as well as Deva Logistics Park.
CTP is one of the main developers and administrators of industrial parks in Central and Eastern Europe, with a portfolio of nearly 2.5 million square meters.