More than 50 pct. of the transaction volume, respectively 151,000 sq. m, were closed in the Czech Republic, the core market of CTP, the company informs.

 

"CTP position in the core market stays strong and we registered a growth of the request from the companies in the automotive, electronics and e-commerce sector. The occupancy rate exceeds 90 pct. and we build in order to meet the growing request," said Jaroslav Kaizr, Business Director CTP.

 

The rental activity in Romania has grown in the first quarter of this year. Overall, the new transactions in the market total more than 60,000 sq. m. One of the largest transactions in the country in the first quarter was the rental of 15,000 sq. to the logistics company OTZ. Moreover, Fares Bio Vital Laboratories signed for an additional space of 3,000 sq. m in CTPark Deva.

 

"There is a massive growth of the spaces request in Romania, mainly leaded by the logistics services suppliers and the production sector," says Marian Orzu, Head of Business Development and Leasing Romania.

 

In Slovakia, transactions were signed for 19,000 sq. m, while in Hungary the company transacted 30,000 sq. m.

 

The target of CTP is a portfolio of five million square metres of A class industrial properties vy the end of 2018. (source: profit.ro)