Dunwell secures new warehouse for Boutique Mall within CTPark Bucharest North

Industrial real estate broker Dunwell has secured the relocation of Boutique Mall in a new warehouse of 3.700 sqm within CTPark Bucharest North.

Boutique Mall, one of the largest online retailers of casual and luxury footwear and clothing in Romania, relocates its logistics from downtown to North Bucharest, in an A class warehouse, developed by CTP, the transaction being brokered by Dunwell Industrial.  

CTPark Bucharest North is an industrial park that CTP has developed in Stefanesti at the end of last year. Strategically located on the 4 lanes ringroad, the park offers personalized solutions for several types of companies, from industries such as e-commerce, production, automotive or controlled temeperature spaces. CTPark Bucharest North will have a total operational area of 116.000 sqm out of which the first 21.000 sqm have already been delivered within the project’s first phase. CTP will finalise all constructions by the end of 2021.

According to Dunwell, against all fears, pesimistic forecasts and slowed workload, 2020 was even better than 2019 as regards the leased industrial spaces. To be more precise, with 37.93% better  (654.904 sqm vs. 474.800 sqm). Most of the contracts were signed for Bucharest, followed by Timisoara and las year’s surprise, Craiova, either for new leases, relocations/renegotiations or temporary leases.