News Article CTP Czech Republic industrial lease logistics
by Property Forum | Industrial

CTP has provided tailor-made logistics space to international technology and services provider Bosch. The company has leased a distribution centre in one of the largest industrial parks in the Czech Republic. Bosch will move its operations from the Netherlands to CTPark Bor in Western Bohemia, where it will have over 15,000 sqm of lettable area.

CTP will provide Bosch with a cross-dock, which has the advantage of improved logistics, receipt and expedition of goods. The space can be expanded in the future. Bosch will use its 15,688 sqm primarily for the storage of electronic components and camera systems but the plan also includes offices for local management and employees. Silvie Maresova from Colliers has negotiated the lease for Bosch.

“We are very happy to have been selected by this globally renowned company with a history of well over a century. We believe their decision was significantly influenced by the readiness of our buildings, fast, tailor-made space solutions and the location, which will help the company to streamline its delivery process from Germany to other European countries. Bosch and CTP also share a vision of doing business sustainably,” commented Jakub Kodr, Senior Business Developer at CTP.

Bosch's decision to relocate to CTPark Bor was further supported by the high-quality facilities of the industrial warehouse and the use of the latest technologies, including charging points for electric vehicles. In addition, CTP provides its clients with these services: sports facilities, canteens, accommodation, accessible medical care and support in finding a new workforce. Bosch will now employ around 100 people in its warehouses.

The German engineering and technology company Bosch operates in more than 60 countries, its products are sold in 125 locations around the world and its workforce amounts to 500,000 employees. Besides Bosch, CTP’s portfolio includes other hi-tech tenants, such as Autoneum, ABB, Thermo Fischer Scientific, Honeywell and Garrett Motion.