October 06, 2017 15:39 
PeliFilip assisted the leading European real estate developer UBM in the selling of a logistic park to CTP. The transaction was concluded in September, the value of the investment reaching EUR 17.1 million.
Developed by UBM from 2007 untill 2009, The Chitila Logistics Park (CLP) has a strategically advantageous location and is well-connected to the west of Bucharest. The rentable areas span from 1,750 m² to up to 45,000 m² and can be used for storage, distribution and light industry activities.
“We can see a rising trend in the real estate market in Romania, supported by a growing number of transactions that have been completed or to be completed. This transaction continued our strong track-record in the industrial sector, having acted on many transactions in this segment in recent years.” said Ioana Roman, Senior Associate PeliFilip.
UBM Development AG is the leading hotel developer in Europe. The strategic focus is on the three clearly defined asset classes Hotel, Office and Residential and the three core markets Germany, Austria and Poland. With 144 years of experience, UBM focuses on its core competency – developing real estate. The UBM share has been listed on the prime market of the Vienna Stock Exchange since August 2016.
PeliFilip’s real estate department, coordinated by Oana Bădărău, is one of the largest teams in Romania’s real estate sector: 13 lawyers, of which 2 partners and 5 senior associates. The team has acquired its reputation in leading Romanian transactions and was involved in 2016 in over 20 major real estate projects.
