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CTP growing fast

Alex Hayes 08 March 2018

Alex Hayes

Journalist

+48 22 356 25 20
alex.hayes@eurobuildcee.com

Alexander Hayes is currently working as a journalist for Eurobuild Central & Eastern Europe magazine. Originally from the UK, he moved to Poland in 1995 and has been working in real estate for over four years. He has a BA in english literature from the University of Buckingham.

CEE REGION CTP has announced its financial results for the previous year, in which it increased the size of its portfolio by app. 680,000 sqm to reach a record 4.5 mln sqm with an occupancy rate across all of its properties of 97.7 pct.

The greatest expansion was in the Romanian and Hungarian markets. The most significant expansion occurred in the Romanian and Hungarian markets, where growth came to over 66 pct of the company’s portfolio’s expansion during 2017. CTP became the market leader in Romania, with 700,000 sqm of A-class industrial space in ten cities.

Major deals signed over the previous year included DSV and Van MoerLogistics in Romania, TI Automotive, Faurecia, Plastic concept in Slovakia, IAC Group in Poland (Opole). In the Czech Republic leases were signed with GEFCO and STOW and in Hungary major tenants included DANA and Coloplast in Tatabánya.

By 2022, CTP aims to double its portfolio to 10 mln sqm.

“We have had one of the most successful years in CTP’s history. I am proud of our team, which worked hard all year to ensure we would once again confirm our position as the market leader. We finalised a number of interesting projects, began construction of new ones, and expanded our parks’ facilities to benefit our clients and the environment. We have had many accomplishments in the past year, and we plan to continue on track in 2018,” said Remon Vos, the CEO of CTP.


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