CTP and Tuborg sign a 5-year partnership in CTPark Bucharest North

CTP, one of the largest developers and managers of Class-A industrial and logistics spaces in Romania, welcomed Tuborg Romania to its new 10,300 sqm facility at CTPark Bucharest North, for a 5-year lease. The dedicated unit will be customized to meet customer needs.

Tuborg Romania is thus expanding its existing storage space in order to ensure operational growth and efficiency of the distribution process in Bucharest and in the country. The new warehouse will become operational in January 2022 and will be the main distribution point for all alcoholic and non-alcoholic products in the company’s portfolio.

”I am glad to see how CTPark Bucharest North develops and diversifies at the same time. In less than a year, we managed to lease 85 percent of the first building, and we already have demand for the next one. Tuborg, one of the most important beer producers in Romania, chose CTPark Bucharest North to expand its logistics spaces from which it ensures distribution throughout the country. We welcome them to the CTP family”, said Andrei Koszti, Regional Commercial Manager, CTP Romania.

Bogdan Costea, VP Logistic, Tuborg Romania, says: “We chose CTPark in Stefanesti to expand our storage capacity and a logistics centre, as it offers us a space suited for our needs, easy access to the main transport routes and, last but not least because it is in the proximity of our Tuborg factory.”

The transaction was advised by real estate consultancy company Cushman&Wakefield Echinox. “We are honoured to have contributed to a new successful lease transaction on the logistics and industrial market involving two representative players in Romania. Each rental negotiation has its particularities, and we are glad that we managed to address the needs and requirements of our client, Tuborg, by identifying the best logistics solution within the project developed by CTP,” said Rodica Târcavu, partner Industrial Agency Cushman & Wakefield Echinox.

CTPark Bucharest North was developed following an investment of over €65 million and represents one of CTP’s premium locations in Romania. Located in Ștefănești-Ilfov, the complex has easy access to the main connecting roads such as the A3 and DN2 as well as to Bucharest and provides tenants with flexible medium and long-term rental options. In Bucharest-Ilfov, CTP owns 5 logistics parks: CTPark Bucharest; CTPark Bucharest North; CTPark Bucharest West; CTPark Bucharest South; CTPark Chitila.