Supply Chain World Volume 12 Issue 3 | Page 29

_________________________________________________________________________________________________________________ CTP
of delivering future-proofed I & L space from the North Sea to the Black Sea, CTP’ s network of business parks covers more than 400 locations and is the cornerstone of a resilient European supply chain.
Founded in 1998 by Remon Vos, Chief Executive, CTP has become the market leader in CEE, owning 13.4 million square meters of GLA across ten countries. The company’ s tenant base comprises over 1000 different companies across a diverse range of industries including manufacturing, retail, wholesale, e-commerce, automotive and high-tech, as well as third-party logistics.
In 25 years, CTP has grown from a startup to become the largest publicly traded I & L developer in Europe by gross lettable area. CTP is now the leading logistics player in six key markets across CEE- Czechia, Romania, Hungary, Slovakia, Serbia, and Bulgaria-CTP is also expanding in Poland, where it aims to become a prominent player in the medium term, as well as in Germany, Austria, and the Netherlands.
The company has seen considerable growth in recent years, buoyed by rising demand for best-in-class I & L real estate in CEE. Despite global economic headwinds, CTP leased a record 2.1 million square meters in 2024, seven percent more than the previous year, which illustrates the continued strong demand in CEE for leading I & L facilities. On the back of strong economic growth and demand, CTP aims to double the size of its pan-European network to 20 million square meters of GLA by the end of 2030 and reach over 1.2 billion of annualized rental income, while continuing to deliver at an industryleading double-digit yield on cost.
Building long-term relationships with clients
CTP’ s unique model means it develops, owns, and operates I & L business parks. From site selection, design, and construction to fit out and long-term property management, CTP is a full-service real estate partner with inhouse teams covering each stage of the client relationship. The company acts as a strategic partner to its tenants and grows with them as their business expands.
Because it is a custodian of its I & L business parks, CTP thinks long-term, developing sustainably, and building trust and enduring relationships with tenants and stakeholders. On average around 70 percent of new leases are signed with tenants from its existing customer base. scw-mag. com 29