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Articles

CTP now owns and operates more than 6 million m2 of gross lettable area, making it the largest industrial property developer in CEE

The gross lettable area of industrial locations operated by CTP has passed 6 million square meters. The growth has continued due to long term trends of increasing e-commerce and supply chain relocations, supported by the covid-19 crises

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The I&L sector in the CEE-17 has become one of the most sought-after asset types since 2019, after Offices and Residential according to Colliers International, CMS and Randstad

The report revealed that some of the key challenges in this sector include the availability of land and property in locations that meet both the developers and end-user expectations, along with the availability and reliability of utilities, connectivity to transport infrastructure, the availability and skills of the labour pool, and access to investment incentives.

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Prologis' third-quarter global, European and Central European results

Across Europe, markets have stabilized as the impact of COVID-19 on logistics real estate has begun to dissipate, with strong investor demand for the sector driving yield compression.

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CTP Group recorded a profit of EUR 99 million in the first half of 2020

While its portfolio of A-class property under management grew to over 5.8 million sqm

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Logistics Real Estate – Sizing the Retail Conversion Opportunity

Crisis precipitates change. COVID-19 has brought more than five years of evolution in the retail landscape into less than five months of time. Increased demand for high quality and infill logistics real estate is on the rise, stemming from the accelerated adoption of e-commerce and just-in-case inventory

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Prologis: we are able to react quickly

Paweł Sapek, Prologis' senior vice president and regional head for Central Europe, is particularly optimistic about Hungary's role in the region's logistics market. A gradual transition to e-commerce will benefit the sector, but this is not the time for rest: tenant needs will change, while acquiring and retaining human resources is one of the most difficult tasks for customers. – He says. We also discussed about coronavirus, new services, and new opportunities opened up by diversification.

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Lenovo’s First European Factory is Being Built in CTP's Industrial Park at Üllő – The region’s most active industrial real estate developer is building the plant for the strategic investment

CTP is building Lenovo's first European plant in Üllő, Pest County, in ctPark Budapest East industrial park.

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Open Now - Prologis Essentials Marketplace, For Quick Setup and Smooth Operations

We’ve officially launched our Essentials Marketplace for Europe, a quick and easy procurement tool that saves our customers valuable time when setting up, expanding or upgrading their operations. Built on solid, service-first principles this online platform offers a raft of key warehouse interior products and fully managed instalment processes.

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