Raben leased the warehouse in one of CTP’s logistics parks in the western city of Oradea, the real estate developer said in a press release on Thursday.

The agreement adds a fourth facility for Raben Logistics Romania to CTP Romania’s portfolio, giving the company a total of 15,000 sq m across Romania.

“The new warehouse in Oradea will play an important role in our strategy to develop domestis network but also to connect Romania with western markets, providing shorter transit times to countries in Central and Western Europe,” said Tomasz Niezwicki, CEE Region Director of Raben Group.

CTPark Oradea Cargo Terminal spreads across 14.4 hectares of land, comprising three buildings with a combined leasable area of 60,000 square meters, as well as other infrastructure components, like an airplane parking apron and a taxiway that connects it to the airport runway.

Raben Group offers technical services and logistics (TSL) solutions. It has more than 160 own branches in 15 European countries, about 1,6 million sqm of warehouse space and dispatches over 13,500 trucks per day.

CTP is a full-service commercial real estate developer which builds, manages and delivers custom-built, high-tech business parks throughout Central and Eastern Europe. In Romania, the company owns warehouses in 15 cities with a total area of 2.5 million sqm.