CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has completed the structure of its latest production and logistics space in Western Romania: CTPark Arad West. This latest scheme is located in Arad, an important industrial centre and transportation hub, close to both the Hungarian and Serbian borders. The first phase of CTPark Arad West comprises approximately 44,000 sqm and is already over 40% pre-leased, being scheduled for completion in the first quarter of 2024.
Diehl Controls, part of Diehl Group, started the construction of the new factory within CTPark Brasov, 2023. Production will start in mid-2024 and by 2027, approximately 600 employees will manufacture up to twelve million electronic systems annually.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for the online liquor retailer FineStore.
CTP N.V. recorded in H1-2023 Net Rental Income of €268.3 million, up 26.8% y-o-y, and like-for-like rental growth of 7.5%, mainly driven by indexation and reversion on renegotiations and expiring leases. The contracted revenues for the next 12 months stood at €654 million as of 30 June 2023.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), expands its partnership in Romania with the integrated logistics company Maersk and IB Cargo to a total surface of approximately 100,000 sqm.
P3 Logistic Parks (“P3”) announces contract renewals and extensions of some of the longest-standing tenants in the local portfolio, Logistic E Van Wijk and HOPI® Logistics. Thus, the two companies are developing their logistics needs within the P3 warehouses and will occupy an area of 20,538 square meters of logistics spaces and offices within the park.
Leading European industrial and logistics developer, owner and operator targets 20 million sqm portfolio by end of decade as research identifies five key drivers of growth in CEE
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