CTP invests EUR 12 M in developing new logistics spaces for DSV

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CTP industrial parks developer and DSV, the fifth biggest global transport and logistics companies, signed a leasing agreement for approximately 40,000 sqm in CTPark Bucharest West. According to a press release, CTP invested about EUR 12 million in the development of the new logistics spaces occupied by the Danish company in the first days of February.

“We are very happy with DSV’s decision to grant us again their trust. They are our tenants since 2015, when we bought CTPark Bucharest. Last year they decided to expand their storage spaces in CTPark Bucharest West, our property located at km 23. This is a sign that we did our job well until now”, stated Remon Vos, CEO of CTP and Country-Head of CTP Romania.

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The Danish group DSV has signed the leasing agreement for the logistics spaces in CTPark Bucharest West in the summer of 2017. The contract has a ten years length and the building will be used for storage activities.

“We started our collaboration with CTP almost three years ago and we have been extremely pleased with the conditions that have been created in CTPark Bucharest. Our business is growing, we have customers that are developing rapidly, sometimes even faster than we anticipated, new projects and contracts that we have to honour under the best conditions. So our need for more storage spaces came as a natural step. (…) We do not exclude renting other spaces here or in other CTP parks in the country, depending on the growth rate of our customers”, Sergiu Iordache, General Manager of DSV Romania also stated.

The warehouse is Built-To-Suit and was built according to CTP’s above the market standards in what concerns the development of industrial and logistics spaces. These standards reduce the operational costs through the implementation of the most performant environmental friendly technologies that considerably diminish the energy consumption.

The Danish international transport and logistics company occupies 55,000 sqm here, used for storage activities. The new warehouse is the first fully built facility developed by CTP for the Danish transport and logistics company.

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