CTP Appoints Matthias Bitzan as Country Head Austria to Drive €150 Million Investment Programme

VIENNA, 27 October 2022 – CTP, continental Europe’s largest owner, developer and manager of industrial and logistics real estate¹, has appointed Matthias Bitzan as Country Head of CTP Austria. He joins CTP from Austria’s Erste Group Bank where he was head of Commercial Real Estate Clients and responsible for growing the bank’s loan portfolio in Austria and CEE markets over the last decade.

CTP has initiated a €150 million investment programme in the Austrian market where its first developments at CTPark Vienna East and CTPark Vienna North are under construction and five additional projects are to start in 2023. The company owns four sites in around three sides of Vienna to the north, south and east, offering the potential to develop some 139,000 sqm of space. Earlier this year, CTP sealed a lease in CTPark Vienna East with its first tenant in Austria, Toyota Logistics Services. The agreement with the spare parts distribution arm of the Japanese auto giant was also the first between CTP and Toyota in Europe.

About CTP
CTP is continental Europe’s largest owner, developer and manager of logistics and industrial real estate¹, with over 9.5 million sqm of space under ownership across ten countries. CTP is the only investor in the region with an entirely BREEAM-certified CEE portfolio, and the company became carbon neutral in operations i 2021, underlying its commitment to being a sustainable business. For more information, visit our corporate website: ctp.eu
¹by gross lettable area (GLA)