CTP expands industrial lease deal with Rara Logistic

Business Forum
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.

RECOMMENDED
CTP reports record Q1 leasing activity up 83%
Real estate

CTP reports record Q1 leasing activity up 83%

Industrial developer CTP recorded gross rental income of €205.1 million in Q1-2026, up 12.3% year-on-year with like-for-like rental growth of 4.6%. The company's annualised rental income increased to €849.3 million by the end of March 2026.

iwis reaches 11,000 sqm in CTPark Oradea City
Real estate

iwis reaches 11,000 sqm in CTPark Oradea City

Industrial developer CTP has completed and handed over a 4,000 sqm extension for iwis at CTPark Oradea City. The project expands the company's existing 7,000 sqm production facility, bringing its total footprint to 11,000 sqm.

LPP expands to 125,000 sqm in CTPark Bucharest West
Real estate

LPP expands to 125,000 sqm in CTPark Bucharest West

CTP has signed an 11-year lease agreement with LPP Logistics for a new 60,000 sqm distribution centre at CTPark Bucharest West. The facility will bring LPP's total space within the park to 125,000 sqm.

CTP expands industrial park in Oradea with new 10,800 sqm building
Real estate

CTP expands industrial park in Oradea with new 10,800 sqm building

Industrial developer CTP is advancing construction work for a new 10,800 sqm building at CTPark Oradea North, continuing its expansion in western Romania. With this new project, CTP's total portfolio in Oradea exceeds 100,000 sqm of leasable space, consolidating the city's role as a regional logistics hub.

RECOMMENDED FROM THE HOME PAGE
Economy

McDonald's plans to create over 500 new jobs in Romania this year

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.

Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Energy

Hidroelectrica awards €30 million solar plant contract

Hidroelectrica has signed a contract for the turnkey development of the Tudor Vladimirescu Photovoltaic Power Plant in Brăila County, marking a step in the company's strategy to diversify its renewable energy generation portfolio.

READ MORE
Business Forum  |  25 May, 2026 at 8:03 PM
Business Forum  |  25 May, 2026 at 7:00 PM