Industrial developer CTP is expanding its footprint in Hungary with its first development in the southern part of the country, located in Pécs.
The new park will be delivered in phases, with a total development potential of over 66,000 sqm of GLA. In the first phase, CTP is developing a 14,200 sqm built-to-suit (BTS) logistics facility, which has already been pre-leased to an existing client. The park benefits from connectivity via the nearby M60 motorway, with direct access to the M6 linking Budapest and the Croatian border. The city has a population of approximately 150,000 and offers an industrial base alongside access to a workforce supported by the University of Pécs.
Construction of the first-phase facility is scheduled to begin in Q2 2026, with completion expected by the end of Q2 2027. Future phases will be developed in line with market demand and client requirements.
"With this development, we are entering a new regional market with long-term potential," said Ferenc Gondi, Managing Director for Hungary at CTP. "Pécs offers a combination of strategic positioning, competitive operating conditions, and access to a skilled talent pool. Through our built-to-suit approach, we are able to deliver flexible, customised solutions that meet specific operational requirements."
The first building is targeting an A+ energy rating and Breeam Excellent certification, supported by energy-efficient technologies including a heat pump system. The park is designed to accommodate logistics providers, advanced manufacturing businesses, and R&D operations, in a region home to international companies across manufacturing, engineering, and technology sectors.
