Danish group leases 90,000 sqm near Bucharest

Danish group DSV, one of the largest European companies on the transport-logistics sector, has signed the EUR 50 million lease for 90,000 sqm of warehouses near Bucharest with CTP, a group specializing in the industrial space construction, development and rental. This is the largest rental transaction on the Romanian logistics market, namely a 10-year contract in CTPark Bucharest West, a logistics park near Bucharest, with direct access to the A1 highway, reports local Ziarul Financiar. DSV will lease some already existing 55,000 sqm and 35,000 sqm that will be built. The Danish group will use the rented spaces to provide transportation, logistics and distribution services for major brands. It has six centers in Romania. The price per sqm ranges between EUR 2-5 per month in the logistics and industrial sector in Romania. NOD leases 30,000 sqm in CTPark Bucharest West editor@romania-insider.com