about us | newsletter | contact | archive | members area
Gabriel Pantelimon, Xerox
Romania has also become known for its high quality human resources»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

CTP acquired Phoenix Logistics Center for 7 million Euro

CTP acquired Phoenix Logistics Center with approximately 7 million Euro from the Dutch company LSREF3 Alpha Dutch Holdings B.V.

2017-11-09 17:10:07

Phoenix Logistics Center (PLC) was integrated in CTPark Bucharest and is located in Chiajna, at the crossroad between A1 motorway and "Centura" ring road, at only 10 kilometres distance from the Bucharest's city centre. PLC has a total surface of 43,000 sqm, out of which 21,000 sqm lettable area.

The rentable areas are ideal for storage, logistics, distribution and light industry activities. PLC is fully leased at the moment to DB Schenker. The developer's plans for the logistics park in Chiajna include an upgrade and refurbishment throughout the park. The total investment for these processes is estimated to reach 1.5 million Euro.

"We are decided to increase our stock of logistics and industrial spaces in order to reach a total leasable area of approximately one million sqm in Romania by the end of 2018," said Ana Dumitrache, Co-Country Head of CTP Romania. "The demand is high and I am very optimistic that we will accomplish this target and even exceed it. Phoenix Logistics Center has an ideal location for a logistics park: extremely close to the city centre and with very good commercial exposure due to the direct access to A1 motorway and the city ring road."



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  4371 Views
Daily Info
Transelectrica accelerates investments to increase the energy system safety in Dobrogea

The National Power Grid Company Transelectrica marked the completion of the second stage of the project of rehabilitation of the Station Transformation 400/110/20 kV Tulcea We...

CTP: smart expansion in a growing market

CTP, the most dynamic logistics and industrial parks developer in the country, will soon become a "millionaire" in square meters of premium logistics space. The company experi...

New regulations adopted by ANRE will have a strong negative impact on consumers and endanger 4.500 jobs, says ACUE

The electricity distributors members of the Federation of Associations of Energy Utility Companies (ACUE) are deeply concerned about the negative impact on networks and consum...

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in ...

Vodafone to lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group'...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

1 Comment

Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, ...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

Garanti Consumer Finance signs a loan agreement for seven million Euro with The Black Sea Trade and Development Bank

Garanti Consumer Finance, part of the financial group Garanti Romania, has signed a loan agreement of seven million Euro with the Black Sea Trade and Development Bank (BSTD...

1 Comment

Romania's IT market sees small growth in 2017

Romania's domestic software and IT services market recorded a growth of only 2.1 per cent in 2017, to 975 million Euro, according to ANIS.