Industrial developer CTP has expanded its partnership with Rara Logistic, a logistics services provider in Romania, reaching over 31,000 sqm of leased spaces across industrial parks in Bucharest, Sibiu, and Deva.

Industrial developer CTP said its profits reached a fresh high of €1.1 billion during 2024, almost 15% up year-on-year, driven by substantial growth in rental income, leasing activity, and a strong development pipeline.

Industrial developer CTP has announced the expansion of its collaboration with freight transport manager Delamode in CTPark Bucharest industrial park.

Industrial developer CTP Hungary has signed a 10-year lease agreement with Zoomlion, which will see the Chinese producer of manufacturing equipment invest €100 million in a new manufacturing facility at CTPark Tatabánya.

Industrial developer CTP has signed three new leases with logistics provider Milšped in Serbia, taking the total leased space by the company to 105,000 sqm. 

The Czech office market is facing historically low supply, especially in premium locations where new office construction has slowed down significantly. CTP is responding to these needs through its Clubco network of coworking centres. 

CTP has signed a 10-year lease for more than 46,200 sqm of warehouse and office space at CTPark Warsaw South to Douglas, one of the European leaders in the omnichannel premium beauty segment.

Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 

CTP has signed a deal with Grammer Jifeng Automotive Seating CZ to build a new modern manufacturing and testing warehouse facility at CTPark in Cheb, Czech Republic.  

Ema Iftimie, Globalworth Romania’s Managing Director, delves into the most pertinent aspects of Globalworth’s Romanian-focused developments, answering key questions that showcase the company’s vision and future in this market. This interview was first published in Property Forum’s annual CEE TOP 100 publication.