CTP will invest in sustainable logistics in the Netherlands
CTP will invest in sustainable logistics and light industrial real estate in the Netherlands. The company has set aside € 300 million to launch land and real estate acquisitions at strategic locations across the country, a leading distribution location in Europe and an attractive territory to expand its CTPark network. It currently represents more than 100 logistics parks in 8 European countries.
"After 22 successful years in Central and Eastern Europe, it is a natural step for me as a Dutch native to expand into my home country, which is historically a logistical power. CTP has more than 700 clients and we feel strong demand for industrial real estate in this very attractive business location,” commented Remon Vos, CEO of CTP. "As CTP is a leading player in the sustainability of industrial real estate, we will focus on investing in sustainable logistics and light industrial construction."
The concept of full-service parks
The concept of full-service CTP parks offers a combination of space and sophisticated equipment also for companies that are engaged in, for example, research or various types of development, light manufacturing or logistics on a larger scale. The company operates in eight European countries and has a gross leasable area of 6.3 million square meters, making CTP one of the five largest industrial players in Central and Eastern Europe.
In 2020, the CTP portfolio increased by 15% and gross rental income by 13% to 318 million euros (over 8 billion Czech crowns). This result is due to growing trends in e-commerce, third-party logistics or so-called nearshoring. CTP is well on track to meet its goal of reaching 10 million square meters of the gross leasable area by the end of 2023.
On March 4, 2021, the company announced its intention to list its shares on the Euronext stock exchange in Amsterdam. The profit from the CTP transaction will be used to realize its growth ambitions in Europe.
Source:// Systémy logistiky