Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.
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 recorded a rental income of €488.4 million in the first nine months of the year, up 15.9% y/y, while the annualized rental income amounted to €702 million, with occupancy rate at 93%.
Industrial developer CTP has appointed Jovan Radosavljevic as its new Managing Director for Romania, tasked with overseeing the company’s expansion in the country.
Industrial developer CTP has named Karel Stransky as its new Group Business Development Director. He is tasked with overseeing business development teams in the individual countries CTP operates in.
Industrial developer CTP recorded in H1 2024 a rental income of €320.9 million up 14.4% y-o-y, and like-for-like y-o-y rental growth of 4.8%, while the leasing volume gained 8% to 918,000 sqm.
Industrial developer CTP recorded a 20.1% gain of net rental income to €543.2 million in 2023 compared to the previous year over a combination of indexation and reversion on renegotiations and expiring leases.
A company specialising in the logistics sector, providing goods warehousing and transportation services, has leased a total of over 5,000 square meters of modern space at the MLP Czeladź logistics centre. The transaction was brokered by the consulting firm Rock Estate.
Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.
EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
New appointments
Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
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