CTP plans further expansion in Serbia

25
Nov
2019
News - CTP plans further expansion in Serbia #CTP #industrial #interview #logistics #SEE #Serbia

by Ákos Budai | Interview

The first international industrial/logistics developer present on the Serbian market is expanding its portfolio rapidly. Vlatko Djuricek, Country Head of Serbia at CTP talked to Property Forum about the company’s future plans.


Vlatko Djuricek will join a panel discussion on the logistics market at our upcoming Balkans Property Forum 2019.

CTP announced its first acquisition in Serbia less than 1.5 years ago. What are your current expansion plans?

CTP has been operational in Serbia for almost 2 years. We have a total of 150,000 square metres under development in different stages, in 7 buildings, 5 projects, 4 locations and 3 cities – Belgrade, Kragujevac and Novi Sad. We consider Serbia a strategic market and we are interested in covering the whole country with CTParks.

Vlatko Djuricek

Vlatko Djuricek

Country Head of Serbia
CTP

Vlatko Djuricek has a Master degree in Civil Engineering in Construction Project Management from Belgrade University. In 2011, Djuricek started his professional carrier as a development and investment manager at Delta Agrar, part of Delta Holding, the biggest Serbian company. He has more than 8 years of experience in acquisition, investment and development working with leading international and biggest domestic real estate companies as Lidl at the position of Reginal Real Estate Manager and MPC Properties at the position of Head of Development and Acquisition. Vlatko Djuricek has been appointed as Country Head of CTP Invest Serbia at the end of 2017, ready to use his wide-ranged expertise in real estate. During this period, the Serbian portfolio is growing progressively and it is expecting to have its first 150.000 sqm in a short time. Vlatko Djuricek is also a member of the top 30 CTP management team.

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What are the main drivers of growth right now? From which sectors are your tenants coming from?

There is really strong interest from the automotive sector, we also hose a number of R&D facilities and we have several tenants from the logistic sector.

International developers are barely present on the Serbian industrial/logistics market. Do you expect this to change in the coming years?

We are pioneers on the market in many aspects but for sure we expect new entries.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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