LPP expands to 125,000 sqm in CTPark Bucharest West

Business Forum
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.

The new building is located adjacent to LPP Logistics' e-commerce fulfilment centre, which became operational in October. Construction is scheduled for completion at the end of Q1 2026, with operations beginning in June 2026.

"The decision to further invest in CTPark Bucharest West confirms the industrial park's strategic importance as a regional logistics hub and demonstrates our ability to deliver large-scale, sustainable facilities tailored to our clients' long-term growth plans,” said Ronald Binkofski, Managing Director for CTP Romania. The facility will support LPP Group's growth in the region and enhance supply efficiency, particularly for the Sinsay brand.

Once operational, the facility will supply LPP brand stores in Romania, Bulgaria, and Greece, while replenishing the company's two Romanian fulfilment centres for online sales. The building will feature an automated conveyor system with 1.3 kilometres of total length, storage capacity for up to 40 million clothing items, and the ability to handle shipments of up to 6.5 million items per week.

CTPark Bucharest West is strategically located along the A1 motorway in western Bucharest and hosts Romania's first CTP Clubhaus, a community hub featuring amenities including a canteen, supermarket, meeting rooms, and fitness areas.

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.

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.

CTP reports 15% rental income growth on nine months
Real estate

CTP reports 15% rental income growth on nine months

Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.

RECOMMENDED FROM THE HOME PAGE
Vodafone Romania to merge with Telekom by June 2026
Real estate

Vodafone Romania to merge with Telekom by June 2026

Vodafone Romania acquired Telekom Romania Mobile Communications on 1 October 2025 and has begun the phased integration of operations, systems and Telekom's network. The merger of the two companies is scheduled for the end of 30 June 2026.

Economy

World economy loses €25 trillion annually due to waste

The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.

READ MORE
Business Forum  |  27 May, 2026 at 7:23 PM
Business Forum  |  27 May, 2026 at 6:45 PM