Pepco opens CEE distribution centre

Developer and manager of logistics and industrial real estate CTP has signed a lease with Pepco for 55,619m² (598,677ft²) at CTPark Bucharest West in Romania.

Pepco will operate a regional distribution centre from the facility, serving the Romanian market and the wider Central Eastern Europe (CEE) region.

Having previously occupied the building through a third-party logistics provider, the retailer has now entered a direct partnership with CTP.

The agreement reinforces CTPark Bucharest West’s position as a strategic logistics hub for regional distribution operations.

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