CTP to develop 16,000 sqm production facility near Budapest

03
Aug
2021
News - CTP to develop 16,000 sqm production facility near Budapest #Budapest #CTP #Hungary #industrial #manufacturing

by Property Forum | Industrial

Geis Logistics Hungary Kft., the local representative of the German-based transport and logistics company has signed a lease agreement for a custom-built production facility at CTPark Vecsés, near Budapest. The Geis Group will store Knorr-Bremse Systeme products in the new almost 16,000 square meters logistics facility with extra features related to the braking systems for rail and commercial vehicles produced by Knorr-Bremse Group.


Geis Logistics Hungary Kft explains: „We are delighted to move into a great facility with a strategic location such as CTPark Vecsés. The flexibility and efficiency of CTP was an important factor in choosing this location to store the special products of our partner Knorr-Bremse Systeme, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems.“

The Geis Group is an owner-managed company with more than 6,000 employees in seven countries that provides standardized and customer-specific transport solutions as well as the entire range of logistics services. In the new almost 16,000 sqm facility, CTP will develop several extra features specially designed to serve the needs of Knorr-Bremse products which make a decisive contribution to greater safety and energy efficiency on rail tracks and roads around the world. About 29,700 employees at over 100 sites in more than 30 countries use Knorr-Bremse’s competence.




Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


Latest news

News - Resi Capital by Cavatina kicks off resi tower construction in Warsaw
08
Apr
2026

Resi Capital by Cavatina kicks off resi tower construction in Warsaw

by Property Forum
Resi Capital by Cavatina has laid the cornerstone for Liberty Tower, a 43-storey residential tower at Grzybowska 54 in Warsaw. The developer sold 60 apartments on the highest floors before opening its sales office in February.
Read more >
News - Foster + Partners brings first Romanian exhibition to Iași
08
Apr
2026

Foster + Partners brings first Romanian exhibition to Iași

by Property Forum
The Iulius Foundation has inaugurated Future Proof, the first exhibition in Romania showcasing the work of Foster + Partners, the architecture studio founded by Norman Foster.
Read more >
News - Panattoni secures financing for BTS project in Łódź
08
Apr
2026

Panattoni secures financing for BTS project in Łódź

by Property Forum
Panattoni has secured €22.5 million financing from Bank Pekao for a build-to-suit project in Łódź for Zrew Transformatory. The funds will be used to build a power transformer manufacturing plant.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy