ARTICLES LABELLED WITH TAG CTP

Industrial developer CTP has sold €750 million worth of green bonds with a 6-year maturity and a fixed coupon of 4.75%. The offering was oversubscribed 5.5 times and recorded a total order book of more than €4.1 billion at its peak.

CTP has started construction work on the fifth building within the CTPark Opole industrial and logistics park. The expansion of the complex will accommodate the expansion of the UFI Filters Poland brand, which has so far occupied an area of 6,000 sqm. The Italian manufacturer of filter systems for the automotive industry is doubling its lease space at CTPark Opole and is anticipated to move into the new building in the third quarter of 2024.

CTP has leased approximately 40,000 sqm at CTPark Ostrava Hrušov in the Czech Republic to Vitesco Technologies. The company has operated a high-tech R&D centre nearby at CTPark Ostrava for the past 10 years.

Logistics operator Arcese Group has leased 10,500 sqm in CTPark Bucharest West in a bid to meet growing demand from the automotive industry.

CTP has officially opened the new TitanX Engine Cooling factory at CTPark Opole in Poland. TitanX, the global supplier of cooling systems for trucks, has now launched its production operations in the OPO3 building, which is part of the CTPark Opole industrial and logistics complex. In doing so, TitanX has increased the previously occupied space by 18,320 sqm, consolidating all engineering processes in a single investment, which was built-to-suit by CTP.

CTP is developing a new 71,000 sqm industrial and logistics building at CTPark Žatec in the Czech Republic. A portion of 18,000 sqm has been leased to Fiege, a logistics and transport services provider in Europe.

Industrial developer CTP has delivered the first foreign distribution centre of LPP Logistics in Romania spanning 65,000 sqm in CTPark Bucharest West. The construction of the warehouse started in January 2023 and was completed in less than one year.

Full-service logistics provider DB Schenker has prolonged its lease contract in CTP's logistics centre in the important regional city of Székesfehérvár. CTP Hungary was represented by 108 Real Estate, portfolio.hu reports.

CTP has leased 10,000 sqm of warehouse space and 1,400 sqm of offices at CTPark Belgrade City to Wagen International (Wint), an automotive parts supplier, for a new high-tech distribution centre.

Industrial/logistics developer CTP has announced the 30,000 sqm expansion of CTPark Košice in Slovakia following two pre-lets.