News Article CTP buys Košice business park from Erste Bank
by Property Forum | Investment

With the recent acquisition of a business park located at Košice airport, CTP has become the market leader as the largest developer and owner of industrial and logistics real estate in Slovakia.


CTP, the largest owner and operator of industrial and logistics parks in Central Europe has recently acquired from Erste Bank the business park located at the Košice airport, the second largest Slovakian city.

“This is an important and strategic decision for CTP,” announced Remon Vos, CEO of CTP. “It expands our presence in East Slovakia and underlines our commitment to develop and own a network of fully-serviced business parks in regional capitals and major urban cities across CEE. Currently, we are present in 10 strategic hotspots in the main countries of CEE. The acquisition of the park from Erste Bank with a provision of the acquisition loan from Erste is a confirmation of our long-term and successful cooperation with the Erste Group across the whole CEE region. “

Remon Vos

Remon Vos

CEO
CTP

Born in the Netherlands in 1970, Remon Vos founded CTP in 1998 with the goal to develop A-class industrial properties in the Czech Republic. Remon developed and grew the CTPark Network to become the largest integrated system of full-service business parks in CEE. At over 5 million sqm of lettable area, and sufficient land to grow to 8 million m2, the CTPark Network offers 5 unique property types that can accommodate wide variety businesses from 450 sqm incubators to 50,000 sqm built-to-suit manufacturing facilities or 100,000 sqm distribution centres. CTP is a long-term investor and partner to its clients, with an innovative and entrepreneurial approach. This focus has resulted in 70% of all new business coming from existing clients. CTP has also developed unique, high-quality office and housing projects, such as the award-winning Spielberk, and the unique student housing concept Domeq in Brno. Remon continues to lead the company at full-speed, with big plans for the future. 

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With a Slovakian portfolio of 29 buildings and four projects currently under construction totalling 421,000 sqm, CTP becomes the largest developer and owner of industrial and logistic properties. CTPark Košice consists of 5 industrial buildings with a total lettable area of 57,000 sqm.

The project includes newly built properties and provides additional space for further development of new buildings of approximately 21,000 sqm. All buildings are fully leased to tenants such as DPD, Gefco, U-Shin, Howe, Windsdor Machine, Faurecia and others.

Premium business park in east Slovakia

CTPark Košice perfectly fits into the CTPark Network. It already offers a complimentary mix of building types catering to the needs of a wide range of companies, sizes and activities including R&D, light manufacturing and logistics. East Slovakia further provides companies with a quality workforce, well-developed infrastructure, and a host of other benefits. In recent years, Slovakia has been one of the fastest-growing economies among the European Union countries.

 “Our vision is to continue the development of CTPark Košice and to further strengthen its position as the premium business park in East Slovakia,” added Remon Vos.