CTP Articles

Firing on all pistons

CTP started the year with a record number of new projects in the 2015 pipeline and construction on many of these has either finished in Q2 or is nearing completion. While most of the new construction is a result of current client’s expanding their operations in the Czech Republic and Romania, CTP has over 180,000 m2 under construction for new clients in Teplice, Nový Jičín and Přestice.
CTP started the year with a record number of new projects in the 2015 pipeline and construction on many of these has either finished in Q2 or is nearing completion. While most of the new construction is a result of current client’s expanding their operations in the Czech Republic and Romania, CTP has over 180,000 m2 under construction for new clients in Teplice, Nový Jičín and Přestice.
As the real estate and capital markets continue to strengthen, CTP is focusing on the completion of its strategy. We have worked hard to secure financing with no bulled obligations for the next 5 years and have leveraged the low interest environment particularly through interest hedging. As of the end of Q2, this strategy showed continued signs of success and was completed. We are in good shape for the future.
CTP has finalised its annual report in line with projections and this confirms the legitimacy of our approach. We finalised repayments of all corporate facilities and land bank facilities, strengthening our cashflow and we are in the process of completing several acquisitions in Czech Republic and neighbouring countries like Slovakia, Romania and Poland. Partners and vendors appreciate the transactional security and straightforward approach of doing business with us. With a healthy pipeline of 250,000 m2 for the remainder of 2015, CTP is heading towards its target of 3 million m2 total lettable area by the end of 2015, a full 2 years ahead of our original business plan.
2016 Annual Report

Some Facts

  • First Industrial Mural

    In the Central and Eastern Europe
  • 40 Artists

    Participated in the CTP Art Wall Competition
  • 1,600 m² of Space Painted

    Total space covered at CTPark Humpolec