CTP expands industrial park in Eastern Slovakia

The first completed 4,000 sqm warehouse will be leased to a provider of comprehensive logistics services - an existing client of CTP, which is expanding its operations in Slovakia. The building will be built on the principles of long-term sustainability aiming to achieve BREEAM Excellent certification.

Ján Rakovský, Senior Business Developer at CTP, said: “Approximately two-thirds of all new leases signed by CTP are with existing clients. This new logistics space demonstrates how our buildings can be tailored to the needs of our clients. It will have an adapted internal column grid, an increased number of loading docks and extensive external hardened surfaces for truck parking.”

Ján Rakovský

Senior Business Developer
CTP

Jan is a Doctor of Law with previous experience in venture capital environment and real estate consultancy, currently applying his acquired knowledge in industrial real estate development at CTP as a Senior Business Developer. Jan started his professional carrier as an investment analyst at Pioneer Ventures, a pre-seed venture capital fund based in Vienna. After Cushman & Wakefield in Bratislava, where he spent over 4 years as a Senior Negotiator in the industrial department, working on both tenant & landlord representations, he joined CTP, where he is responsible for securing new business and maintaining occupancy of the existing portfolio. Jan will share his views on new logistics developments & trends in Slovakia, emerging locations and changes with regards to the new tenant requirements. More »

The second warehouse represents an over 26,000 sqm turnkey solution for a company from the automotive sector.

The expanded area of CTPark Košice will be a class-A industrial park at the heart of a cross-border region connecting Hungary, Poland, and Ukraine adjacent to the D1 highway and in proximity to Košice International Airport. The east of Slovakia is one of the locations where CTP invested in speculative land purchase several years ago. CTPark Košice currently consists of six industrial buildings with a leasable area of over 79,000​​ sqm, which are let to clients including DPD, Ceva Logistics, U-Shin, Howe, Hi-Technology Mouldings and Ehlebracht.

CTP owns and operates a total of three parks in the east of Slovakia - CTPark Košice, CTPark Prešov North and CTPark Prešov South out of 14 parks in Slovakia reaching 803,000 sqm of GLA.

Ján Rakovský added: “The Košice area has great potential, driven further by the investment of automotive company VOLVO. Therefore, we expect significant economic growth in the near future, also thanks to subcontractors relocating to the east of Slovakia.”