WAGEN INTERNATIONAL LEASES 11,500 SQM FROM CTP IN SERBIA FOR AUTO PARTS WAREHOUSE
Amsterdam, 22 December 2023 – CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 10,000 sqm of warehouse space and 1,400 sqm of offices at CTPark Belgrade City to Wagen International (Wint), the leading automotive parts supplier, for a new high-tech distribution centre.
Wint has taken a 10-year lease on space within a 110,000 sqm BGD1 building at CTPark Belgrade City which is now around 80% pre-let, to create an automated logistics facility that will revolutionize the way it stores and distributes goods. Named Autostore, it will be the first automated warehouse for autoparts in Serbia, representing a €7m investment by Wint. Expected to be fully operational by March 2024, the facility will also benefit the local community by creating around 100 new jobs.
Spanning 27.5 hectares, CTPark Belgrade City will be the largest logistics hub in Serbia when complete. Strategically positioned close to both Belgrade’s main motorway and airport, the location of the CTPark will significantly enhance the efficiency of Wint’s European product distribution. Wint has also chosen CTPark Belgrade City, which is located just 10km from central Belgrade, for its new 1,400 sqm headquarter offices.
Situated in New Belgrade, the largest municipality in the Serbian capital, CTPark Belgrade City is ideally located for companies seeking ‘last-mile’ logistics space. With unit sizes starting from 2,500 sqm, the modern park is also well-suited to SMEs operating across a wide range of sectors including FMCG, pharmaceutical, high tech and e-commerce. All space at CTPark Belgrade City will be modern, energy efficient and BREEAM certified, with a BREEAM very good rating being aimed for. Offices, exhibition space and a range of onsite amenities will also be available for tenants.
CTP is seeing a spike in demand from international companies seeking high-tech industrial and logistics facilities, driven by a combination of factors including ‘nearshoring’, where companies are moving their production facilities to be closer to where their customers are located to reduce supply chain risk.
CTP operates multiple CTParks in Serbia. Its portfolio in the country comprises 13 buildings covering a total area of 285,000 sqm, with a further 250,000 sqm currently under construction.
ABOUT CTP
CTP is the largest listed owner, developer and manager of logistics and industrial real estate in terms of gross leasable area, with 11.2 million sq m. GLA in 10 countries (as of 30 September 2023). The company certifies all new buildings under BREEAM at ‘very good’ or above and has achieved a negligible-risk ESG rating from Sustainalytics, reaffirming its commitment to sustainability. For more information, please visit: www.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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