Romanian Portfolio Continues to Expand in Q3 2018
In Q3 2018, we are constructing an additional 50,000 m2 in Bucharest at CTPark Bucharest and CTPark Bucharest West. In our flagship park, CTPark Bucharest West, which is expected to become the largest industrial park in CEE, we have just completed construction of over 100,000 m2 and we are proud to announce that the buildings are already fully leased. Also in CTPark Timisoara II and CTPark Cluj II we have aprox. 8,000 m2 and 9,000 m2 completed and leased, respectively.
Our A-class standards of our Romanian warehouses are welcomed by our long-term and valued customers such as Ursus Breweries, who have recently leased space in the above-mentioned Cluj II facility; as well as Van Moer, who took over a new 23,000 m2 building in CTPark Bucharest West.
Among the many new deals completed are the extension in CTPark Bucharest for Pepsi, for DHL in CTPark Bucharest, and for Raben in CTPark Arad.
2018 promises to be another great year for CTP in Romania, and our team is ready to continue the success in 2019.