CTPark Budapest West BIA2 has been recently awarded a BREEAM In-Use „Excellent” rating.

CTP announced a new aggressive growth plan to achieve a portfolio size of 10 million sqm by 2023. In order to reach this ambitious goal, CTP is taking steps towards various options to further strengthen its capital base and enhance its growth prospects. The company is currently considering partnering with a strategic investor.

The most active logistics developer in Hungary plans to expand its portfolio by 100-150 thousand sqm every ear. Rudolf Nemes, Country Manager of CTP Hungary talked to Property Forum about the ongoing changes on the Hungarian logistics market.

CTP recently announced Arcadis, ADP and CEVRE as winners of the tender for certifying CTP’s entire portfolio of buildings. Winners were chosen based on track record, capability, ESG activity and cost. Key to the winning the tender was sufficient resources available to certify all 293 buildings in six countries within the timeframe. CTP plans to have all 293 buildings certified by the end of June 2020. The certification process will require close cooperation and transparency among the various parties and each party has dedicated teams to complete the task by the agreed deadline. In total, CTP expects to invest up to €1.2 million into the certification process.

A new 18,500 sqm production facility for one of the world’s leading automotive interiors supplier, Yanfeng Automotive Interiors (YFAI) was officially inaugurated in a formal ribbon-cutting ceremony at CTPark Kragujevac.

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.

CTP is building a new turbine factory for BMTS at CTPark Novi Sad which will be handed over in April 2020. A considerable part of the facility will be equipped with all the necessary features for R&D activities.

CTP plans to make a significant contribution to nature conservation, reduce its carbon footprint, and promote the long-term sustainability of the environment. The company has recently become the owner of 100 hectares of forest and plans to restore it. It has decided to further develop its ecological and social activities by purchasing 100 hectares of forest near Mladá Boleslav. The main goal of the company is to revitalize and grow trees.

CTP has significantly expanded its portfolio both across the region and in Hungary in recent years. In response to brisk local demand, the company plans to prepare speculative developments of premium industrial space totalling 150,000 sqm in the Hungarian market in 2020. These projects will affect nearly all the industrial parks of local CTP.

CTP has launched a new product on the Romanian market - Premium Business Units. These multifunctional units combine office, production, storage and showroom space into one. With areas between 1,000 and 3,000 square meters, they address the needs of those companies that want to optimize their flows and grow their businesses. Adapted to meet the needs of each company, these are premium facilities to modern standards and are aimed at entrepreneurs who are currently in outdated or improper buildings and want to optimize and improve their image and results.