While the properties are not officially on the market, Hospodářské noviny quoted the developer’s CEO, Remon Vos, as saying that he has already been approached by interested investment funds. A sale would be a marked change in CTP’s strategy, as the company, active on the Czech property market for nearly 20 years, has never sold any of its parks.


However, if the offers seem favorable, market observers expect Vos will likely want to explore his options. CTP currently owns 2.1 million sqm of properties in the Czech Republic. Vos says he wants to bring this number to 3 million sqm by 2017. (source: cijjournal.com)