CTP completes 20,000 sqm letting to Mercata VT in Serbia
Amsterdam, 5 October 2023 – CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased approximately 20,000 sqm of industrial and warehouse space at CTPark Belgrade City to Mercata VT, the leading tobacco and FMCG distributor in Serbia.
Previously occupying 14,000 sqm at CTPark Belgrade North, Mercata VT has signed a new 10-year lease to relocate and expand the amount of space it occupies by moving to CTPark Belgrade City. It will move into 17,730 sqm of warehouse space and around 1,600 sqm of office space at the CTPark. The new facility will house a brand new 20,000 sqm distribution centre for Mercata VT, bringing it closer to its customer base and improving the efficiency of its network.
Situated in New Belgrade, the largest municipality in the Serbian capital, CTPark Belgrade City is perfectly located for last-mile and city logistics, being less than 10km away from the city center and only 10km from Belgrade Airport. With unit sizes starting from 2,500 sqm, the modern park is also ideal for small and medium-sized enterprises operating across a wide range of sectors including FMCG, pharmaceutical, high tech and e-commerce. All space at CTPark Belgrade City is modern, energy efficient and BREEAM certified, aiming to achieve a minimum rating of BREEAM Very Good, while offices, exhibition space and onsite amenities are also available for tenants.
Since it started operating in Serbia, CTP has launched multiple projects and currently has 13 buildings across its portfolio with a total area of over 285,000 sqm, as well as 250,000 sqm under construction.

About CTP
CTP is Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 11 million sqm of GLA across 10 countries as at 30 June 2023. CTP certifies all new buildings to BREEAM Very good or better and earned a ‘Low-Risk’ ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: ctp.eu
CONTACT DETAILS:
CONTACT DETAILS FOR ANALYST AND INVESTOR ENQUIRIES:
Maarten Otte, Head of Investor Relations
Mobile: +420 730 197 500
Email: maarten.otte@ctp.eu
CONTACT DETAILS FOR MEDIA ENQUIRIES:
Patryk Statkiewicz, Group Head of Marketing & PR
Mobile: +31 (0) 629 596 119
Email: patryk.statkiewicz@ctp.eu
SEC Newgate
Sara Champness
Mobile: +44 (0)7962 387 949
Email: CTP@SECNewgate.co.uk
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