The largest pharmaceutical storage facility in Romania: CTP delivers a 35,000 sq m built-to-suit warehouse on the ring road of Bucharest
■ CTPark Mogosoaia is fully leased to A&D Pharma – Dr.Max Group
■ The project stands for a long term strong partnership of CTP and A&D Pharma - Dr.Max Group
■ The warehouse is a modern construction to accommodate top notch automated warehousing solutions
Bucharest, Wednesday June 22, 2022 – CTP, Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate, has successfully delivered a built-to-suit warehouse with approx. 35,000 sq m for A&D Pharma – Dr.Max Group, the leading pharmacy chain in Central Eastern Europe. CTPark Mogosoaia is located on the ring road of Bucharest and consolidates the CTP Romania’s portfolio of over 2,1 million sq m overall, of which 1,5 million sq m are in Bucharest.
CTPark Mogosoaia is located at Bucharest’s ring road, at less than 10 km distance from Victoriei Square and less than 5 km from Straulesti intermodal hub, benefiting of high accessibility and visibility. Baneasa International Airport and Otopeni International Airport are also in the vicinity of the project, at less than 15 km distance.
The transaction was advised by the real estate consultancy company Cushman & Wakefield Echinox.
Beside CTPark Mogosoaia, CTP owns another five industrial parks in Bucharest, covering multiple areas: from west of the city (CTPark Bucharest West and CTPark Bucharest, on the A1 highway) to north (CTPark Chitila and CTPark Bucharest North, in Stefanesti – Afumati) and south (CTPark Bucharest South, in Popesti – Leordeni).
In Romania, CTP has a total area of over 2,1 million sqm of class A warehouses in 15 cities: Arad, Brasov, Bucharest, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Targu Mures Timisoara, Turda, Caransebes, Ineu and Salonta.
CTP is Continental Europe’s largest owner, developer and manager of logistics and industrial real estate by gross lettable area, owning over 9.3 million sqm of space in ten countries per 31 March 2022. CTP is the only developer in the region with its entire portfolio BREEAM certified and became carbon neutral in operations in 2021, underlying its commitment to being a sustainable business. For more information visit our corporate website: www.ctp.eu.
About A&D Pharma – Dr.Max Group
A&D Pharma, part of Dr.Max Group has an experience of over 27 years and is one of the largest pharmaceutical groups in Romania that offers pharmaceutical retail and drug distribution services. In Romania, A&D Pharma operates two business lines, both of strategic importance: Dr.Max and Sensiblu pharmacies and Mediplus Exim SRL.