On October 1, 2021, CTP announced the acquisition of an additional 153,000 square meters of industrial spaces from Olympian Parks, expanding its portfolio in Brasov, and enlarging its presence in Timisoara and the South of Bucharest.
According to CTP, in 2021 it also purchased approximately 112,000 square meters of industrial spaces from Zacaria Industrial, and in 2020 it bought the A1 Business Park platform from Cromwell Property Group and that of the Equest Logistic Park industrial park from Forum Serdika.
“Our portfolio is closer now to the 2 million square meter milestone, while we are covering more of Romania through a presence in Brasov,” commented CTP Romania Country Manager Ana Dumitrache. “Timisoara adds very nicely to what is to become shortly the largest CTPark in Romania outside Bucharest and its surroundings,” Dumitrache added.