Dunwell has secured the relocation of Boutique Mall in a new warehouse of 3,700 sqm within CTPark Bucharest North. Boutique Mall, one of the largest online retailers of casual and luxury footwear and clothing in our country, relocated its logistics from downtown to North Bucharest, in an A-class warehouse, developed by CTP.
“The online commerce has known a great development recently, which also applies to our activity. Thus, our need for a more generous warehouse, from where we can promptly respond to our clients’ requests. Fast delivery and our vast portfolio are two of the advantages that we care about in relation with our clients. Dunwell has very well understood our functioning ways and came with the best proposal for this relocation. Following an investment of more than €600,000, we will benefit from a total usable storage space of over 10,000 sqm, which will provide us with the necessary space for the next 3-5 years,” said Bogdan Chiruță, the owner of Boutique Mall.
CTPark Bucharest North is an industrial park that CTP has developed in Stefanesti at the end of last year. Strategically located on the 4 lanes ring road, the park offers personalized solutions for several types of companies, from industries such as e-commerce, production, automotive or controlled temperature spaces. CTPark Bucharest North will have a total operational area of 116,000 sqm out of which the first 21.000 sqm have already been delivered within the project’s first phase. CTP will finalise all constructions by the end of 2021.
“We are very happy to welcome our new partners from Boutique Mall in our park. CTPark Bucharest North offers to our client’s advantages such as a good connection with all main entrances in the city, minimal operational costs and optimal conditions for their activities,” said Andrei Koszti, Regional Commercial Manager at CTP.
Radu Ciobanu, Senior Broker Dunwell, who has managed the transaction, says that: “We have found for Boutique Mall the best solution for extension and relocation. We appreciate CTP’s availability to customise the space according to the client’s requests. We have a longstanding business relationship with CTP and we are glad to have set up this new beginning for Boutique Mall.”
According to Dunwell, against all fears, pessimistic forecasts and slowed workload, 2020 was even better than in 2019 as regards the leased industrial spaces. To be more precise, with 37.93 percent better (654,904 sqm vs. 474,800 sqm). Most of the contracts were signed for Bucharest, followed by Timisoara and last year’s surprise, Craiova, either for new leases, relocations/renegotiations or temporary leases.
The top industries regarding the rented surfaces were FMCG – 38 percent of the market share (boosted last year by the growth of online commerce), logistics (15 percent of the transactions) and retail (13 percent of all rented surfaces). Production and pharma follow in line.