ARTICLES LABELLED WITH TAG Remon Vos

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 has named Ionuț Puiu as Construction Director as part of the company’s strategy to expand its portfolio in Romania.

Industrial developer CTP has completed the purchase of six industrial projects and a land bank from Globalworth in Romania for an undisclosed sum.

Industrial developer CTP has appointed Andrei Brînzea as Business Development Director in Romania as part of its growth strategy in the country.

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.

Industrial developer CTP has opened its first office in Asia in a bid to accommodate growing demand from its clients in this region for investment in production facilities based across Europe. The new office based in Hong Kong will be led by Jaromir Cernik, who joins from fast-growing fintech company Qupital, where he served as a Board Member and Director.