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Home Segments Industrial & Logistics

LPP Group Expands Lease at CTPark Bucharest West

David Stuckey by David Stuckey
December 6, 2024
Reading Time:2 mins read
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LPP Group Expands Lease at CTPark Bucharest West
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Polish fashion producer LPP has leased an additional 42,000 square meters at CTPark Bucharest West, taking its total footprint at the largest industrial park in Central and Eastern Europe to 131,000 square meters.

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LPP has nearly 2,500 stores operational in 40 countries. The company owns five distinctive fashion brands: Reserved, Cropp, House, Mohito, and Sinsay. The Polish fashion retailer signed its original lease at CTPark Bucharest West, for 65,000 square meters, in 2023, to create its first foreign distribution center in Romania. The company soon expanded its facility in 2024 to bolster its e-commerce operations, increasing its total footprint to 90,000 square meters.

According to CTP, the LPP Group’s facility at CTPark Bucharest West, managed by LPP Logistics, “houses the latest technology including state-of-the-art conveyor systems and workstations with the capacity to store up to 25 million items. LPP’s combined distribution center, e-commerce center, and office facility is highly sustainable in its operations with photovoltaic panels, a rainwater recovery system, and electric car charging stations enhancing energy efficiency and sustainable travel.”

Ionuț Anghel, Regional Development Manager at CTP Romania, commented that: “LPP’s expansion is a true success story, and we are proud that CTP was chosen to be part of it! It is also a proof that our business model, obsessive about our client’s needs and readiness to support their growth, was a perfect fit for LPPs ambitious strategy. CTP Bucharest West is a state-of-the-art industrial park and role model in CTP’s portfolio – it offers a unique environment for clients like LPP and is always able to respond to their requirements. Our adjacent landbank of 1.8 million square meters offers development potential of 900k square meters, which would nearly double the size of the park, and is another reason our clients believe in CTP as a reliable and trusted partner for growth.”

Sebastian Soltys, president of the management board of LPP Logistics, said: “Recently, LPP Logistics has been focusing on strengthening its overseas distribution and sourcing network. An important part of this process is the cooperation with a renowned partner such as CTP. Thanks to its strategic location, the LPP Distribution Center in Romania plays an important role for us, and the Southern European region stands out for its significant growth potential. We are pleased to be able to realize our ambitious plans in cooperation with such a reliable and valued partner in the industry.”

Tags: Romania
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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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