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CTP was nominated in four categories at the CIJ Awards Gala 2017

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, was nominated in four categories at the tenth edition of CIJ Awards Gala, which will take place today.

2017-12-07 10:48:17

At the end of the year with the most accelerated development pace on the local market, the company competes for the following distinctions: Warehouse Development of the Year, Warehouse Lease of the Year, Investment Transaction of the Year and Leadership of the Year.

The Warehouse Development of the Year nomination is for the 100,000 sqm GLA that were delivered this year in CTPark Bucharest West for clients such as: Quehenberger Logistics, Tibbett Logistics, KLG Europe Logistics Romania, Geodis, NOD etc. The new spaces are comprised in three class A warehouses and their development is in line with CTP's strategy to expand CTPark Bucharest West in a fast rhythm in order to become the largest logistics park in Eastern Europe until 2020.

In the Warehouse Lease of the Year category, the nomination was received for the 30,000 m² GLA leased to Network One Distribution (NOD) in CTPark Bucharest West. The purchase of a logistics park in Chitila for 17 million euro was nominated as the Investment of the Year. This property is located in one of the key areas for logistics and industrial parks from the vicinity of Bucharest. The park is well connected with the capital and at the end of the year CTP will start here the construction works for 13,000 sqm of new warehouse spaces that will be added to the existing 45,000 sqm.

Ana Dumitrache, Co-Country Head of CTP Romania since October 2016, was nominated for the Leadership of the Year award, following her active involvment in the development and implementation of CTP's growth and consolidation plan on the local market. Due to the construction works and the purchases of new properties rapid pace, CTP estimates to reach a total leasable area of approximately 1 million sqm in Romania by the end of 2018.

The Romanian CIJ Awards is organized by CIJ, CEE & SEE Europe's leading real estate news provider, and is the longest running commercial property awards event in Romania. The 2016 event was attended by approximately 350 of Romania's top real estate CEOs, directors and professionals.

CTP is a full-service commercial real estate developer and manager, specializing in the delivery and management of custom-built, high-tech business parks for leading international and domestic companies making strategic investments in new or expanded operations in Central Europe. CTP is the owner of the CTPark Network, the largest integrated system of premium business parks in Central and Eastern Europe, with over 4.1 million m² of A-Class properties in more than 80 strategic locations.

In Romania, CTP is the leading warehouse developer and manager, with a GLA of over 700,000 sqm of Class A warehouses spread in 10 cities: Arad, Bucuresti, Cluj-Napoca, Deva, Pitești, Sibiu, Timișoara, Turda, Ineu and Salonta.

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