The first industrial park with an air cargo terminal in Romania is taking shape
The taxiway connecting the park to the airstrip has already been completed in record time, in 10 days
The value of the investment amounts to approx. 36 million euros
The total area of ​​the project will exceed 60,000 sq m
The first spaces will be operational by the end of the year
Oradea, June 8, 2022 - CTP, the largest owner and developer of logistics and industrial spaces in Continental Europe, has started construction work at CTPark Oradea Cargo Terminal, the first industrial park with an air cargo terminal in Romania, located in close proximity to the Airport Oradea and the Eurobusiness II industrial park.

Developed on land with an area of ​​14.4 hectares, the CTPark Oradea Cargo Terminal industrial park benefits from a direct connection to Oradea Airport. Construction work on the taxiway, which connects the aircraft stand and the airport runway, was completed in a record time of just 10 days. Work is currently underway on the aircraft parking platform, with an area of ​​over 20,000 sq m, and on the first industrial and logistics spaces, including for cargo, two buildings with a total area of ​​approximately 25,000 sq m, which will be operational by the end of the year .

"CTPark Oradea Cargo Terminal represents a national first. It is the first industrial park with an air cargo terminal, a project involving special infrastructure works coordinated by our construction team. We are true to our belief that infrastructure is the key to industrial and logistic development and this is far from being Romania's strong point, that's why we get involved whenever we find the authorities open to sustainable developments. Although the project has only recently started, the interest of potential residents, users of logistics spaces, but also cargo operators, is quite high and has materialized in a first lease contract; at the same time, we have advanced discussions for about 50% of the total available spaces. The value of the investment in CTPark Oradea Cargo Terminal will be approximately 36 million euros upon completion and follows our existing investments in Oradea", said Ana Dumitrache, Country Head CTP Romania.

Upon completion of the construction works, CTPark Oradea Cargo Terminal will become one of the 10 largest industrial parks of CTP Romania, with a total area of ​​over 60,000 square meters. CTPark Oradea Cargo Terminal can accommodate clients from various sectors, both with cargo activities, as well as production and logistics, or both cumulatively, offering flexible areas starting from 500 sqm.

Also in Bihor county, CTP also owns the industrial park CTPark Oradea North, located on Calea Borșului, in Oradea, and CTPark Salonta, currently being expanded in Salonta, a city that will benefit from a direct connection to the M44 highway in Hungary through the new road express DX Oradea-Arad.

In recent years, CTP has consolidated its position as one of the main real estate investors in the western part of the country, also having industrial parks in Timișoara, Arad, Ineu and Caransebeș.

About CTP

 CTP is the largest owner, developer and manager of logistics and industrial real estate in Continental Europe by gross lettable area, holding more than 9.3 million m² of space in ten countries as at 31 March 2022. CTP is the only developer in the region with its entire BREEAM certified portfolio and carbon neutral operations from 2021, underpinning its commitment to being a sustainable business

In Romania, CTP owns a total area of ​​over 2 million square meters of class A warehouses in 15 cities: Arad, Brașov, Bucharest, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Timișoara, Turda, Târgu Mureș, Caransebeș , Ineu and Salonta.

For more information, visit ctp.eu.