CTP announced its results for the first half-year of 2021. CTP reports strong half-year results and is well on track to further accelerate its development, raising its GLA growth target to beyond 7.7 million sqm by year-end 2021, up from 7.5 million sqm as guidance at its IPO end of March 2021.

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.

Rohlik Group, the provider of online grocery delivery services, has leased a warehouse covering 12,000 sqm in CTPark Bucharest North as part of its expansion strategy in Romania. 

Euronics, an electronics and appliances retailer, has signed a contract for nearly 28.000 sqm of warehouse space in CTP's CTPark Budapest East industrial park in Üllő, Hungary. Euronics will develop a fully automated warehouse right next to Lenovo's first European factory. The building is scheduled to start operations in early 2022.

Zebra Technologies, a global leader in mobile computing, barcode printers and scanners, is moving from Brno’s Královo Pole district, where it has been operating for 17 years, to the Vlněna office complex built by CTP in the centre of Brno.

CTP has provided tailor-made logistics space to international technology and services provider Bosch. The company has leased a distribution centre in one of the largest industrial parks in the Czech Republic. Bosch will move its operations from the Netherlands to CTPark Bor in Western Bohemia, where it will have over 15,000 sqm of lettable area.

A&D Pharma, a subsidiary of Dr.Max Group, has leased a warehouse of 9,000 sqm in CTPark Sibiu, in a bid to streamline its distribution supply chain for pharmacies located in the central and western Romania as well as for online orders. 

Domestic investors own some of the largest office projects that are under development in Romania, although international players have the biggest portfolios in the market. 

CTP has increased its rental portfolio to some 664,000 sqm gross with the completion of its latest project in Biatorbágy. The company has been developing its industrial parks, with 235,000 sqm of new space in advanced stages of construction and a further 322,000 sqm to start construction in the near future with an added emphasis on sustainability.

CTP, the regional developer and owner of industrial and logistics spaces, aims to complete in Romania new warehouses with a combined surface of 330,000 sqm by the end of 2021.