CTP Group to take over the P3 Bucharest A1 logistics park

CTP Group wants to take over the P3 Bucharest A1 logistics park in Chiajna, marking the exit of the Singaporean Sovereign Wealth Fund from the local market. The Competition Council is analyzing the transaction.

P3 would be the first big name to mark an exit from the local logistics and industrial market in 2025, after Globalworth in 2024. The Singaporean sovereign wealth fund could collect EUR 265 million.

The P3 Bucharest park has a total area of approximately 380,000 sqm and currently includes 14 buildings, a power station and a railway terminal. Since 2022, the park has also had a building with accommodation units for workers with a capacity of 252 places. The park's largest tenants include Carrefour, Emag, Altex, Gebrüder Weiss, Elit, Agricover, HOPI, Europharm, Interbrands and Logistic E Van Wijk.