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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

CTP adds 112,000 sqm to its logistics portfolio in RO for EUR 50 mln

Regional real estate developer and owner CTP, specializing in logistics properties, purchased about 112,000 square meters of industrial space in Romania from its rival Zacaria Industrial in a transaction estimated at over EUR 50 mln, Economica.net reported.

The developer is thus approaching the target of two million square meters of warehouses held on the local market.

The new properties are located in the cities of Craiova, a new city covered by CTP, Sibiu, Arad and Oradea.

Glowalworth was also interested in the projects in Sibiu and Craiova, and the operation reached the table of the Competition Council at the end of 2019.

In Arad and Sibiu, CTP consolidates and expands its existing portfolio. Oradea becomes a nodal point on the CTP map, thanks to the new spaces purchased but also in the light of the development of a cargo terminal of Oradea Airport.

(Photo: Ronstick/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

CTP adds 112,000 sqm to its logistics portfolio in RO for EUR 50 mln

Regional real estate developer and owner CTP, specializing in logistics properties, purchased about 112,000 square meters of industrial space in Romania from its rival Zacaria Industrial in a transaction estimated at over EUR 50 mln, Economica.net reported.

The developer is thus approaching the target of two million square meters of warehouses held on the local market.

The new properties are located in the cities of Craiova, a new city covered by CTP, Sibiu, Arad and Oradea.

Glowalworth was also interested in the projects in Sibiu and Craiova, and the operation reached the table of the Competition Council at the end of 2019.

In Arad and Sibiu, CTP consolidates and expands its existing portfolio. Oradea becomes a nodal point on the CTP map, thanks to the new spaces purchased but also in the light of the development of a cargo terminal of Oradea Airport.

(Photo: Ronstick/ Dreamstime)

andrei@romania-insider.com

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