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    CTP enters Polish region of Pomerania

    CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by GLA is entering the Pomeranian regional warehouse market in northern Poland construction begins at CTPark Gdańsk Port. (ctp.eu)

    The facility will offer tenants two buildings with a total area of almost 119,000 sqm in a fundamental location for global supply chains. The commissioning of the first phase of the project is scheduled for the fourth quarter of this year.

    “Poland is one of CTP’s key markets in the development of our Group portfolio. We are betting on strategic locations that respond to the needs of logistics and light industry coupled with where there is a shortage of appropriate modern space. It therefore felt natural for our business to expand to the north of the country in the vicinity of the largest container terminal on the Baltic Sea. As part of CTPark Gdańsk Port, we will build two facilities with rentable areas of nearly 81,400 sqm and 37,500 sqm each.”

    Bogi Gabrovic, CFO at CTP Poland said.

    Works related to the implementation of the investment will start this quarter. This is the company’s first project in Poland without the participation of a local general contractor – CTP Group will be responsible for the construction of the complex.

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