XLMX obchodní s.r.o. has leased 16,000 sqm of warehouse space in ctPark Prague East in Nupaky with a view to setting up a regional warehouse for XXXLutz.

IEE Sensing Slovakia has expanded at CTPark Košice. The manufacturer of automotive sensing systems has opened a brand new space, which will house the company's R&D Center. The company will also run its main European warehouse from the park. The premises built according to the strictest energy criteria were provided by CTP.

Online grocer Rohlik.cz has expanded its footprint in Brno with the lease of a custom-built, 8,000 sqm facility at CTPark Brno Líšeň. The expansion comes as the company has outgrown its existing 4,000 sqm premises at CTPark Brno. The new facility will double the company’s current footprint and will include both warehousing and production areas. Move in is on schedule for September 2020.

Throughout the region, CTP is offering clients the opportunity to lease warehouse space for short terms. This measure comes in response to the concerns being raised by the COVID-19 situation regarding the stability of the retail supply chain.

CTP further expanded its portfolio in Romania and in the vicinity of Bucharest where it owns three properties: CTPark Bucharest West, CTPark Bucharest and CTPark Bucharest Chitila. The most recent 57,000 sqm purchase, Equest Logistic Park, is located near the capital, on the A1, at km 13. It was acquired for approximately €30 million from Forum Serdika, in the beginning of March 2020.

CTP plans to develop a new logistics park in Stefanestii de Jos near Bucharest, on a 19 ha plot of about 19 hectares that it acquired last year from Willbrook for €6 million, profit.ro reports. Construction is set to begin this spring.

In reaction to increasing demand, CTP has announced the start of the construction of new areas in Trnava and entry into a completely new location, the city of Prešov.

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.