CTP Invests EUR 75m Into Expansion Activities in Serbia

#Corporate #CTParks #Press Releases

CTPs investment covers the acquisition of property in Belgrade and Novi Sad as well as further development all totalling 120,000 m2 of lettable area.

CTPs first investment, CTPark Belgrade West, is located in the capital, Belgrade: A 12,000-m2 facility accommodating an existing client, Phoenix Pharm, with an extension possibility of 5,500 m2.

 

A second investment, neighbouring CTPark Belgrade West, is a facility of 13,555 m2. It is currently under development with a planned opening in Q2 2019.

 

The Novi Sad Facility, with a delivery date in Q3 2019, will be over 23,000 m2. Novi Sad, the country’s second largest city, just 80 km from the Capital,  is an industrial and financial centre in its own right, with over 340,000 inhabitants. The University of Novi Sad has more than 50,000 students and 5,000 employees and, as such, is one of the largest educational research centres in Central Europe. The Science and Technology Park Phase II is located in the University campus. This is an important attribute for potential CTP clients, most of whom come from the automotive, high-tech manufacturing and logistics industries.

 

“After a couple of months of hard work, we delivered our first major acquisition in Serbia. A significant step in cementing ourselves as the premium developer in the country. I am proud to provide new facilities to our potential clients, with a built-to-suit solution in case they decide to extend their business,” said CTP’s Country Head for Serbia, Vlatko Djuricek.

 

Press contact:

Július Hájek
Group Head of Marketing CTP, spokesperson

Julius.Hajek@CTP.eu
+420 730 598 550
Prague, Czech Republic

 

Business contact:
Vlatko Djuricek
Country Head

Vlatko.Djuricek@CTP.eu
+381 64 644 2347
Bulevar Milutina Milankovica 9 Ž
Beograd, Novi Beograd, Office Park GTC 41, Serbia/Srbija

 

Please find a picture gallery with 5 CTP property types below: