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CTP concludes purchase of Bucharest West Industrial Park

International investor and developer, CTP, has successfully concluded the purchase of the Bucharest West Industrial Park on the outskirts of Bucharest from Portland Trust. With the closing of this deal, CTP becomes the largest industrial developer on the Romanian market.

Dutch real estate developer buys 20 hectares near Bucharest

Dutch real estate developer CTP, which has become the largest owner of industrial-logistics spaces in Romania, recently bought 20 hectares of plot near Bucharest from the Italian group Cefin.

Vabeld to build 25,000 sq. m warehouse for Fashion Days

Belgian company Vabeld will develop an warehouse exceeding 25,000 sq. m for the online retailer Fashion Days, which will be built by AIC Industrial&Logistic Development on the land bought by Vabeld near the A1 highway Bucharest-Pitesti.

Vabeld bought two warehouses and 15 ha land from former Cefin Real Estate shareholders

Belgian real estate investor Vabeld has bought from the former shareholders of Cefin Real Estate, the real estate division of the Italian group Cefin, two logistics warehouses situated at the Bucharest exit to Pitesti. This is the company’s second acquisition since its entrance on the local market this summer.

Moldova’s largest agribusiness group buys Romanian company

Trans-Oil, Moldova’s largest agribusiness company, will take over the local company Racova, active in agriculture and food industry, in a transaction estimated at over USD 100 million, which should be completed by December.

CTP concludes purchase of Prologis portfolio in Romania

International developer, CTP, has successfully concluded the purchase of the Prologis portfolio in Romania, namely the former Prologis Park Bucharest A1, now renamed CTPark Bucharest West. The transaction volume for the 100,000 m² business park, directly located on the A1 highway 20 km from Bucharest, is approximately EUR 40 million.

Profi rented from CTP Invest nearly 25,000 sq. m for a logistics centre in Cluj

Profi will open in Cluj a new distribution centre in 2016, the sixth owned by the company, in order to support the company’s development plans. The retailer rented for this project nearly 25,000 sq. m of logistics facilities from CTP Invest.

Swiss fund might take over three logistic properties in Romania

Partners Group, a Swiss investment fund with EUR 42 billion worth of assets, aims to take control of several industrial properties owned by British group Valad Europe in the region, including Romania.

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