CTP has completed two industrial lettings with 12,000 sqm of space at CTP Park Cerhovice. Two speculatively developed sustainable warehouse spaces have been leased to French global automotive supplier Valeo Vymeniky Tepla s.r.o and leading European logistics operator Raben Logistics Czech s.r.o. CTP plans to develop a further 58,000 sqm in this industrial park by the end of 2024, the company announced.

Maciej Runkiewicz, CEO of Kajima Poland has talked to Property Forum about the current challenges on the Polish construction market, new supply chains and ESG's impact on the warehousing sector.

CTP acquired an industrial complex from Bluehouse Capital earlier this year on a plot of land with a total area of 330,000 sqm in the city district of Ostrava - Hrušov. In addition to the existing first phase of 18,000 sqm, which already has three tenants, the developer plans to build another 76,000 sqm of industrial/logistics space. The warehouse will be built in the revitalized area of the former chemical plants with a total area of 94,000 sqm and will become the largest in the Czech CTP portfolio.

pbb Deutsche Pfandbriefbank has provided a €117 million investment loan facility to a logistics fund managed by GLP Capital Partners (GCP). The fund will utilise the proceeds for the refinancing of the development of a logistics portfolio in Poland and the Czech Republic. pbb acted as arranger and sole lender under the facility.

Property developer Speedwell has purchased a new land plot of 15,000 sqm in Popești-Leordeni, near Bucharest, for its second light industrial project under the SpacePlus brand. 

Bogi Gabrovic, CFO of CTP Poland talked to Property Forum at MIPIM about the current situation in the Polish warehouse market, the main drivers of demand and the developer’s plans for growth.

Property group Globalworth said its total combined portfolio value remained effectively unchanged at €3.2 billion during 2022 compared to 2021, while investments in logistics/light-industrial facilities in Romania and the refurbishment/repositioning of two mixed-use properties in Poland totaled €52.2 million. 

The year 2022 was a successful year for CTP, marked by stable growth and excellent business results. In 2022, the portfolio area in the Czech Republic was expanded by 300,000 sqm, bringing the total area to 3.8 million sqm. Rental income increased by 13% year-on-year to €230.3 million (CZK 5.7 billion). At present, CTP is the largest player in the Czech industrial-logistics property market with a 28% share. 

Industrial halls, which are being built on the site of former poultry farms in Liberec, have a new owner. The investment fund CB Property Investors from the Crowdberry group has become the new owner for more than CZK 1 billion (€42 million), Seznamzpravy.cz reports.

Dairy producer FrieslandCampina has become the first tenant of the Mureș City Logistics project jointly developed by Global Vision and Globalworth. The company will occupy one quarter of the newly built warehouse that will have a leasable area of 18,000 sqm in total.