CTP to develop 66,000 sqm industrial and logistics park in southern Hungary
Regulatory News:
CTP, Europe’s largest listed developer, owner and operator of industrial and logistics real estate by gross leasable area (GLA), is expanding its footprint in Hungary with the launch of its first development in the southern part of the country, located in Pécs.
The new industrial and logistics park will be delivered in phases, with a total development potential of over 66,000 sqm of GLA. In the first phase, CTP is developing a 14,200 sqm built-to-suit (BTS) logistics facility, which has already been pre-leased to an existing client.
The project represents a significant investment in the region and will support the continued growth of modern, sustainable industrial and logistics infrastructure in southern Hungary.
