CTP launches operations in Bulgaria

14
Aug
2019
News - CTP launches operations in Bulgaria #Bulgaria #CTP #development #industrial #investment #logistics #SEE

by Property Forum | Industrial

Bulgaria marks the seventh country in which CTP opens operations, stretching the company's portfolio from the German border to the Black Sea.

CTP has entered the Bulgarian market with plans to reach 100,000 sqm of leased space by the end of 2021. Bulgaria is CTP’s seventh market in the Central European region, extending the company’s geographical footprint from the North Sea to the Black Sea.
 
“Bulgaria is a crossroads between Europe and the thriving economies of the Middle East, Russia and Asia” said Remon Vos, CTP’s Group CEO. “Its GDP growth is a healthy three per cent, and over 90 per cent of that GDP is from industrials and services. By any standard Bulgaria is a promising country for investment in business parks, offices and logistics centres.”
Remon Vos

Remon Vos

CEO
CTP

Born in the Netherlands in 1970, Remon Vos founded CTP in 1998 with the goal to develop A-class industrial properties in the Czech Republic. Remon developed and grew the CTPark Network to become the largest integrated system of full-service business parks in CEE. At over 5 million sqm of lettable area, and sufficient land to grow to 8 million m2, the CTPark Network offers 5 unique property types that can accommodate wide variety businesses from 450 sqm incubators to 50,000 sqm built-to-suit manufacturing facilities or 100,000 sqm distribution centres. CTP is a long-term investor and partner to its clients, with an innovative and entrepreneurial approach. This focus has resulted in 70% of all new business coming from existing clients. CTP has also developed unique, high-quality office and housing projects, such as the award-winning Spielberk, and the unique student housing concept Domeq in Brno. Remon continues to lead the company at full-speed, with big plans for the future. 

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Vladimir Gurdjieff, CTP’s Bulgaria Country Manager, explains that the move responds to demand by several existing CTP clients. “Our initial focus will be on the Sofia metropolitan area and on the 3PL, distribution, pharmaceutical and FMCG sectors,” he says. “We expect to have a team of six property professionals in place by Christmas. Our growth plans are ambitious: 100,000 square metres by the end of 2021. We will achieve this by a combination of acquisition and brand-new development.”
 
CTP now operates in seven European countries. With Bulgaria, it is also the Czech Republic, Slovakia, Hungary, Serbia, Romania, and Poland.

Bulgaria CTP development industrial investment logistics SEE


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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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