CTPark Sibiu II will receive its first tenants in about two months. The park has a total area of 9 hectares and in the first stage, 13,200 sqm are built-up and pre-leased. At present, only 2,600 sqm are available, the rest of the space is already leased to two companies. Upon completion of all the buildings in the park, the investment in its development will total about €23 million. This is the second investment of CTP in Sibiu after the expansion of a factory completed last year, but it is the first CTP premium logistics park with more tenants in the area.

CTP will develop a new logistics park in Sibiu on an area of 9 hectares with an investment of €23 million.

CTP has launched two new industrial parks just outside of Plzeň, on the D5 highway connecting the Czech Republic with Germany. Up to 46,000 sqm of space will become available for new clients in the initial phases of construction in CTPark Cerhovice and Blatnice.

CTP continues its expansion in Romania. The developer plans to add another 200,000 sqm to its 1 million sqm local portfolio.

CTP has recently announced new leases and development completions, in addition to ambitious plans for future expansion, in the Budapest region of Hungary and Northwest Bohemia and Moravia in the Czech Republic.

CTP is the first real estate developer to reach a historical milestone: 1 million sqm of built area spread in 13 logistics and industrial parks throughout Bucharest and nine other cities, strategically located in Romania.

CTP is starting 2019 with the announcement of ambitious development plans in three of its markets, the Czech Republic, Serbia and Hungary.

CTP enters 2019 with the announcement of Ana Dumitrache’s return to the company as Country Head of CTP Romania.

CTP completed the first three buildings in its brownfield redevelopment project Vlněna, located in central Brno. FGH, a complex of three buildings offering some 18,000 sqm, is already largely leased.

CTP announced reaching the 5 million sqm lettable milestone this month. The company has developed a portfolio of strategically located business parks over the past 20 years located throughout Central Europe with 95% occupancy, creating approximately €280 million of rental income for 2018, with over 415 tenants employing over 60,000 people in a variety of industries, manufacturing, R&D, logistics, distribution and e-commerce across 8 countries.