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CTP starts second phase of CTPark Bucharest West

After renting of over 130,000 sqm in CTPark Bucharest West and authorisation for the construction of two more buildings with a total surface area of 68,000 square meters, CTP announced the start of work.

2016-10-18 13:28:56

"The amount of investment amounted to 25 million euros and completion is announced for next spring," said Remon Vos, the general director of the CTP company.

CTP has taken over the CTPark Bucharest West from Prologis in the latter part of last year. This spring, CTP started the construction of the Park, developing the surface up to 130,000 square meters and now is adding 68 000 sqm.

"The buildings will be equipped with protection systems and fire-fighting equipment according to the latest standards. The facade will be made of sandwich panels and main entrances and areas will be glazed curtain wall. In addition, the buildings are designed and will be certified according to the standard Breeam, being effective from energetic point of view. Lighting will be LED with attendance and twilight, and office space includes finishes of the highest quality," said Florin Stroe, senior project manager and regional manager of CTPark Bucharest West.

With an investment of 250 million Euro in Romania, CTP has a portfolio of properties industrial grade over 500,000 sqm and is planning the extension up to one million square meters over the next two years.



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