CTP lets 60% of new addition to CTPark Prague North

CTP has signed three key ten-year leases in its most sustainable industrial park near Prague, comprising more than 60% of a new 32,000 sqm building that will be delivered by the end of Q2 2024 at CTPark Prague North.

The tenants of CTPark Prague North will include the Albert supermarket chain, which is expanding its presence in the CTP portfolio. Another client is Fulfillment.cz, specializing in warehousing and logistics for e-commerce, for which the choice of CTPark Prague North was clear. "We were looking for a long-term partner that would meet our clients' growing interest and need for sustainable logistics in a strategic location for Prague. The availability of 'same-day delivery' carriers for Prague and Central Bohemia and maintaining a personal pick-up close to the motorway is key to our continued growth," shared Vojta Bulíř, CSO Fulfillment CZ s.r.o. With a lease of almost 8,500 sqm, Fulfillment.cz is becoming an important player in the fast-growing world of online commerce.

MEMODO, a photovoltaic and heat pump wholesaler, values CTP's flexibility and ability to accommodate specific requirements, such as special battery storage chambers and special fire safety equipment, in their 6,000 sqm space. This commitment to adaptation and sustainability is key to supporting a greener future. "We have faced challenges in the solar storage sector with stringent safety requirements. CTP has demonstrated exceptional flexibility and willingness to adapt the space to suit our needs, which has been critical to the successful establishment of our business in the park," noted Jonas Kasal, CEO, MEMODO.

Jakub Kodr, Managing Director and Head of Business Development of CTP in the Czech Republic emphasizes: "We are now realizing our vision of a modern and sustainable industrial park with these major tenants who share our values and ambitions. CTPark Prague North is proof of our commitment to the development of the region and to supporting the trends that are shaping the future of industry and logistics."

CTPark Prague North offers 70,000 sqm of Shell & Core warehouse space for delivery within six months of signing the lease. The park allows flexible leasing options from 1,200 sqm for smaller businesses to 120,000 sqm for large distribution centres or manufacturing plants. The site will gradually include community living, sports facilities, cycle paths, horse stables and also a CTP Clubhaus which offers community services such as a doctor, fitness centre, bistro etc. Significant sustainability benefits include a 19 MWp photovoltaic system, electric vehicle chargers, rainwater retention systems and comprehensive biodiversity support. The park, whose buildings aspire to achieve the highest sustainability score of BREEAM New Construction Outstanding, is becoming home to companies committed to innovation and sustainability in their industries.

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Source: Property Forum, CTP