In 2021, the company began its expansion into the Polish market, finalizing in the first half of this year. a land purchase transaction with a total area of 2.5 million sq m, which gives the opportunity to deliver 1.25 million sqm to clients in the near future. GLA. The company currently has 500,000 sqm under construction. of space and plans to launch further investments.
The CTP Group, listed on the Amsterdam Stock Exchange, has been operating in Europe for 24 years and is active in 10 countries: the Netherlands, Germany, Austria, the Czech Republic, Slovakia, Hungary, Serbia, Romania, Bulgaria and Poland. It has a total of over 9.5 million sqm in its portfolio. of space, and the greater part of this volume, approx. 6 million sqm is located in Central and Eastern Europe (CEE). Thanks to this, CTP is the largest owner and logistics and industrial developer in this region. This year’s portfolio purchase transaction of 2.5 million sqm land from the developer 7R was a decisive step in the expansion of CTP in Poland.
“Our trust in the Polish market is confirmed by the long-term development strategy of CTP on the Vistula River. Over the next two or three years, we plan to use the potential of 2.9 sq m. of land that we currently have in our portfolio, which guarantees us approx. 1.5 million gross leasable area. This will place Poland in the top three countries in which we operate as a CTP group – in terms of space under construction and space to be delivered. By expanding the land bank and carrying out construction at a steady pace, we would like to end 2026 with a result of 3 million sq m. leased GLA space in our portfolio,” comments Bogi Gabrovic, CFO at CTP Poland.
Currently, the company has over 500,000 sqm under construction. gross area. New halls are being built in four locations: in Lubuskie – Iłowa, in Silesia – Katowice and Zabrze, and within Warsaw (Kobyłka, Mszczonów and the commune of Czosnów). CTP is also preparing to launch the construction of the third stage of the investment in Opole, as well as other projects.
