ARTICLES LABELLED WITH TAG CTP

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. 

Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox. 

CTP has started construction of a new 11,200 sqm manufacturing facility at its CTPark Zabrze complex in Poland. Construction is expected to complete by the end of November 2024.

CTP has leased circa 18,000 sqm of industrial and logistics space at CTPark Prešov South in Slovakia to a Chinese company producing interior parts for the automotive sector.

CTP has leased around 10,000 sqm of modern warehouse space at CTPark Warsaw North to Trako Team Rafał Kopański, a Polish brand from the transport, shipping and logistics (TSL) sector.

Polish fashion retailer LPP has reached 90,000 sqm of leased space in CTPark Bucharest West, after opening a new e-commerce facility spanning 40,000 sqm in the project. 

Industrial developer CTP has completed the first phase of its CTPark Arad West project spanning 23,000 sqm, with another 20,000 sqm ready for tenant fit-out.

CTP Clubhaus in Bucharest, for which ADP provided sustainability consulting and certification services, has won the BREEAM Award for the most sustainable non-residential building.

Industrial developer CTP has leased over 100,000 sqm of logistics space across its Hungarian projects to a Korean company specialised in automotive logistics.

Industrial developer CTP has announced the signing of a 5-year €500 million unsecured syndicated sustainability-linked loan facility at a fixed all-in cost of 4.7%. At the same time, the company launched a concurrent tender offer which will enable the group to repurchase short dated bonds with a total nominal amount of €500 million.