Spirits and fine wines are delivered from CTPark Bucharest North: FineStore joins the CTP community by renting a warehouse of almost 10,000 sqm

Bucharest, 24 August 2023 – CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for the online liquor retailer FineStore.

Located in the Ștefănești – Afumați area in the north of Bucharest, the new FineStore warehouse at CTPark Bucharest North has been comprehensively designed and developed to meet the commercial needs of the business, which has aimed, since 2014, to enable lovers of fine wines and spirits to order their favourite drink economically and efficiently wherever they are in the country. FineStore’s newly-leased warehouse at CTPark Bucharest North provides easy access to all major cities in the country, supporting FineStore’s ambitious explansion plans, and includes a generous parking lot exclusively for customers to personally collect products from the warehouse.

The industrial park CTPark Bucharest North offers premium solutions and flexible spaces for any type of business. Developed in accordance with BREEAM standards for accessibility and infrastructure, CTPark Bucharest North offers Class A warehouses, built to the highest CTP technical standards, ensuring optimal occupancy costs for residents.

CTPark Bucharest North is located in the Ștefănești – Afumați area, an established logistics hub, on Bucharest’s Northern Beltway, close to the A3 motorway and the National Road 2 (DN2). The logistics park in Ilfov county has a total area of 21 hectares and is perfectly located to meet the needs of customers in the e-commerce sector, thanks to easy access to Bucharest.

The transaction was advised by real estate advisory firm iO Partners.

CTP owns Class A warehouses with a total surface area of approximately 2.5 million square meters in multiple cities in Romania, including Arad, Brasov, Bucharest, Craiova, Oradea, Sibiu and Timisoara.

About CTP
CTP is the largest owner, developer and manager of listed logistics and industrial real estate in Europe by gross leasable area, owning 11 million square meters of GLA in 10 countries as of June 30, 2023. CTP certifies all new buildings to BREEAM Very Good or better and has achieved a ‘Low-Risk’ ESG rating from Sustainalytics, underlining its commitment to being a sustainable business.

For more information, visit ctp.eu.

Media contact:
Sorina Florescu, Head of Marketing, CTP Romania
Email: sorina.florescu@ctp.eu
Phone: 0726 914 482