08jul'19

Sale of Bucharest Industrial Park

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A the end of June, Vabeld sucessfully sold its semi-industrial and logistics platform in Romania to CTP Investors.

The 78.000 square meter park was developed over a 4 year time period with a Romanian partner and fully let to a mix of both national and international tenants such as Delamode, Qeops, Noriel, Augsburg and others.

Vabeld remains active in Romania with a plot for future development near Bucharest of 54 hectares and a recently acquired site for retail development in Timisoara. Other projects are also under investigation.

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