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

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

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  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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