Developer CTP increased its net rental income by 17 percent to CZK 2.5 billion in Q1

1 June 2021

Industrial developer CTP Group, increased its net rental income by 17 percent year-on-year to EUR 98 million (CZK 2.5 billion) in the first quarter. The group leased 397,000 sqm, an increase of 116 percent year-on-year.

“During the first quarter, we realized one third of all leases in the region, which confirms our position in this market. We are pleased to see that our tenants continue to expand and we continue to expand our network of industrial parks in all nine countries,” he said. CEO of CTP Remon Vos.

According to him, the company currently cooperates with more than 700 clients in the region of Central and Eastern Europe. It has halls with an area of ​​more than a million square meters under construction, of which 70 percent is preleased.

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