CTP continues its expansion in Poland

CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four strategic locations, which offer the opportunity to build approximately 200,000 sqm of leasable area in the short term, with the land in Łódź, Toruń, and the Warsaw metropolitan area ready for the development process to begin. The land acquisition is part of the strategy announced by CTP last year to invest 300 million euros in Poland in the development of its warehouse portfolio – a key growth market for CTP.

As Piotr Flugel, Managing Director of CTP Polska, explains:

„Thanks to the purchase of the real estate portfolio in the north-central part of the country, our land bank in Poland now exceeds 3 million sqm. The secured land will provide CTP with development opportunities over the next three years and will further accelerate the growth of our business parks. We are already among the top three developers of industrial and warehouse space in terms of supply – we expect our local portfolio to reach nearly 1 million sqm of total area by the end of the year. Strategically located land is a key investment for us, allowing us to establish long-term business partnerships and meet the needs of our diverse clients from the logistics, warehousing, and manufacturing sectors.”
 
The newly acquired land is located in the eastern part of the Łódź metropolitan area, in Toruń, as well as in the towns of Janki and Nowy Konik adjacent to Warsaw. All acquired investment sites have the necessary permits to begin construction of logistics, warehouse, and industrial facilities. CTParks will be built on these sites – these will mainly be urban warehouses, which are a key element in adapting supply chains to current market conditions – to meet the growing pressure to shorten both distribution networks and supply chains in the „same day delivery” model.

As Bogi Gabrovic, Director of Client Relations and Corporate Affairs at CTP Polska, explains:

„The activity of foreign and domestic investors is growing, which means we see high demand for logistics and industrial space ready for lease practically immediately. We are talking about spaces designed with energy-efficient technology and equipped with lighting systems that significantly increase the comfort of long hours of work, rather than just serving to store goods. Therefore, on the recently purchased land, we will develop business parks aimed at various types of tenants: from smaller service and retail companies to companies involved in light manufacturing or logistics operators.
 
CTP's strategy assumes the implementation of investments in a multi-tenant model. In practice, this means building facilities designed to serve multiple tenants in one location. This will also be the case for the business parks that will be built on the newly acquired land. This will be possible thanks to a diverse offer of individual tenant modules – from small spaces of 500 sqm and more, through logistics centers, to additionally illuminated and insulated production areas from 2000 sqm. In this way, CTP will enable tenants to flexibly manage their space in accordance with their changing needs.