CTP has sealed a long-term strategic 10-yeat partnership with Deka Immobilien involving three Czech industrial parks: CTPark Plzeň, CTPark Prague North and CTPark Teplice. Deka Immobilien acquired the ownership stakes in the parks with CTP Group continuing to manage and operate the portfolio under the CTPark network brand. Including two development projects, the deal represents 430,000 sqm of premium industrial properties.
“We selected Deka as our partner, as we share the same strategy of long-term ownership and further development and enhancement of the properties through which we provide added value to our clients,” says Remon Vos, CEO of CTP.