Industrial developer CTP has signed a lease agreement with Procter & Gamble (P&G) for a new 37,000 sqm logistics and production facility at CTParku Prague North.
Completion and handover of the building is planned for autumn 2026, with operations expected to commence in 2027.
P&G has been operating in the Czech market for more than 30 years. The company manages its activities from its Prague headquarters and the Rakona production plant in Rakovník. The new facility will support the company's long-term growth by expanding its logistics capacity in a location that offers excellent connections to European markets.
"CTParku Prague North offers a strategic location for supply from our European production plants and efficient distribution within the Czech Republic and abroad. This vision is not just about technology – it's primarily about people. Project Artemis is a place where we give our teams the opportunity to work with artificial intelligence and new digital tools, creating more interesting and valuable jobs of the future. Right here in the Czech Republic, we are building the team of the future," said Angelique Terrien, Vice President of Logistics for P&G Europe.
The project is designed to meet the highest technical, safety and environmental standards. CTP collaborated with the Czech Technical University (ČVUT) on advanced fire spread simulations, which enabled optimisation of safety solutions and ensured smooth operation of the automated warehouse. Sustainability is a key pillar of the project, which aims to achieve BREEAM Outstanding certification – one of the strictest ESG standards in Europe.
"Strong partnerships are the foundation of every successful project. At CTP, we build on long-term relationships, strong local expertise and a team that can design very complex bespoke solutions with strategic locations for global companies. CTParku Prague North is among our key locations and we are proud that global leaders like P&G turn to us with confidence," said Jakub Kodr, Managing Director CTP Czech.
