_________________________________________________________________________________________________________________ CTP
In the last month of 2024, CTP completed an agreement with Shanghai Huizhong Automotive Manufacturing Co, a leading Chinese supplier of automotive parts and systems, for 19,000 square meters of warehouse and office space in Serbia. When the park is operational in December 2025, the facility will supply chassis parts for BMW. It is the Chinese company’ s first foothold in Europe and a prime example of nearshoring in a facility 100 kilometers from the EU border.
Sustainable supply chains fit for the future
It’ s not just deglobalization that is reshaping I & L real estate, but also the need to decarbonize supply chains. This is driving the growing demand for highly sustainable I & L business parks. CTP has long been an industry leader when to comes to sustainability. The company built the first BREEAM Outstanding certified building outside the UK in 2013 and was the first European I & L developer to undertake BREEAM certification for e scw-mag. com 31