CTP Starts Construction of Second Logistics Development in Austria After First Park in Vienna East Fully Let Before Completion

VIENNA, 6th March 2023 – Burgeoning demand for modern and sustainable logistics space in Austria has driven the full leasing of CTPark Vienna East, covering about 51,000 sqm of gross lettable area (GLA) even before the completion of CTP’s first develop-ment in the market. Construction work has meanwhile kicked off at the com-pany’s second project in the country, the 84,000 sqm CTPark St. Pölten North located just north of the the major western A1 and S33 corridor connecting Vienna, Linz and Germany.

The two latest tenants to sign up for CTPark Vienna East are Frigologo, one of the largest service pro- viders for temperature-controlled food logistics in Europe, which has leased 13,116 sqm of space on a seven-year lease, while Austrian logistics services firm Schachinger, a specialist in the healthcare ware- housing and transportation sector, has agreed a 12,984 sqm deal for a 15-year period at the same location.

CTP’s second Austrian development, now underway at CTPark St. Pölten North, is located north of the major western A1 and S33 corridor connecting Vienna, Linz and Germany and 12 km from the town of St. Pölten in northeast Austria. The park is also within easy reach of Vienna Airport, as well as the Czech Republic, Slovakia and Hungary. CTPark St. Pölten North is scheduled to have its first space availabilities in Q3 2023 and will offer cross-dock facilities alongside A-class warehouses with multiple loading docks and drive-in ramps to support a wide variety of logistics functions. It is target- ing primarily light industrial and manufacturing businesses, as well as retailers and production com- panies requiring distribution space.

The project comprises three halls ranging in size from 14,664 sqm to 37,786 sqm, with individual units measuring 2,500 sqm to 12,000 sqm. All buildings will be constructed to meet a minimum BREEAM Very Good sustainability certification.

About CTP
CTP Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 10.5 million sqm of GLA across 10 countries as at 31 December 2022. CTP certifies all new buildings to BREEAM Very good or better and earned a ‘Low-Risk’ ESG rating by Sus- tainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: ctp.eu

Contact Details For Analyst And Investor Enquiries:
CTP
Maarten Otte, Head of Investor Relations
Mobile: +420 730 197 500
Email: maarten.otte@ctp.eu

Contact Details For Media Enquiries:
CTP
Patryk Statkiewicz, Group Head of Marketing & PR
Mobile: +31 (0) 629 596 119
Email: patryk.statkiewicz@ctp.eu

Bellier Communication
Steve Hays
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Email: steve.hays@bellierfinancial.com