ARTICLES LABELLED WITH TAG CTP

Industrial developer CTP has completed the purchase of six industrial projects and a land bank from Globalworth in Romania for an undisclosed sum.

DHL Supply Chain has been operating a carbon-neutral distribution centre for Eaton in CTPark Pohořelice since January 2024. The developer CTP has actively participated in its transformation.

CTP has been appointed by dog food manufacturers PsiBufet and Butternut Box to build a specialist facility to produce fresh dog food for distribution across continental Europe.The specialist new facility is being developed in a build-to-suit model at CTPark Zabrze.

Industrial developer CTP has expanded its partnership with delivery company Cargus following the inauguration of a new warehouse in Sibiu.

CTP has marked the third anniversary of its listing on the Euronext Amsterdam stock exchange, which at the time was the largest real estate IPO in Europe since 2014. The subsequent three years from CTP's listing in March 2021 have been a time of accelerated growth for the company, highlighted by a 103% increase in GLA from 5.9 million sqm to 12.0 million sqm across CTP's European portfolio and 162% growth in its landbank, from 8.8 million sqm to 23.1 million sqm, thereby locking in future expansion by enabling CTP to develop more space to meet strong demand.

The Vlněna brownfield project in Brno, which was purchased in 2007 by CTP, is now entering its final phase. This year, the developer is planning to complete the first office building in this project.

CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four strategic locations that provide the opportunity to build approximately 200,000 sqm of leasable space in the short term, with this land in Łódź, Toruń and the Warsaw agglomeration ready to start the development process. This land acquisition is part of CTP's strategy announced last year to invest €300 million in Poland to grow its warehouse portfolio - a key growth market for CTP. 

CTP has increased its total lettable area in the Czech Republic to over 4 million sqm, reaching a 27% share of the Czech industrial real estate market.

Yusen Logistics, a global logistics provider, has leased 19,000 sqm in CTPark Bucharest, owned by CTP, for the next five years, in a deal brokered by CBRE.

CTP has signed a €90 million loan agreement with Erste Bank Hungary Zrt. and Erste Group Bank AG to finance 4 logistics and industrial assets in Hungary. The multi-borrower financing is for 7 years. EY Budapest and White&Case Prague advised and provided legal services for Erste Bank, while CTP Hungary was represented by Kinstellar Budapest.