CTP expands industrial lease deal with Rara Logistic

Business Forum

10 March, 2025 at 10:39 AM

Industrial developer CTP has expanded its partnership with Rara Logistic, a logistics services provider in Romania, reaching over 31,000 sqm of leased spaces across industrial parks in Bucharest, Sibiu, and Deva.

Since the beginning of the collaboration in 2023, with an initial lease of 11,800 sqm in CTPark Bucharest West, Rara Logistic has steadily expanded in CTP's parks.

In 2024, the company expanded its area to 4,800 sqm in CTPark Sibiu, followed by a further growth to 5,500 sqm in CTPark Deva in 2025. A further expansion of 8,900 sqm is currently planned in CTPark Bucharest West.

“At CTP, our goal is to support the growth of our clients by offering them the right spaces, in the right locations, with the right services,” said Cristiana Manea, Business Developer at CTP Romania. “The constant expansion of Rara Logistic in our industrial parks is a testament to the value we bring as a long-term partner.”

CTPark Bucharest West has over 900,000 sqm of existing space and a total planned area of nearly 1.5 million sqm.

The developer's portfolio includes 13.3 million sqm across 10 countries.

CTP leases record 2.33 million sqm last year

Industrial developer CTP recorded gross rental income of €759.8 million in 2025, up 14.4% year-on-year with like-for-like rental growth of 4.5%.

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