CTP Delivers Additional 15,000 sqm Logistics Development in CTPark Sofia Airport, Bulgaria to Global Transport & Logistics Company DSV

Sofia, 28^th February 2023 – CTP, the largest owner, developer, and manager of industrial and logistics real estate in continental Europe by gross lettable area (GLA), has delivered a state-of-the-art 15,000 square metre logistics development at CTPark Sofia Airport to its anchor tenant DSV, the third-largest logistics company in Europe and one of the top ten globally. This second development for Danish-headquartered DSV doubles its total footprint at CTPark Sofia Airport to approximately 30,000 sqm.

CTPark Sofia Airport is located in the most high demand  ‘customs area’ of the airport for third-party logistics (3PL) operations and has excellent accessibility, with fast connections to the main road arteries of the Bulgarian capital and key transport routes to central Bulgaria, the country’s Black Sea coast, Greece, Turkey, Serbia, and Western Europe.

CTP has implemeted a two-year investment programme to construct over 200,000 square metres of prime warehouse space in Bulgaria to meet growing growing demand for modern sustainable industrial and logistics facilities in a market where it is the only major international developer operating.  CTP’s standing portfolio in Bulgaria, including the latest DSV development,  will reach about 160,000 sqm GLA over the course of 2023, with plans to deliver an additional approximately 100,000 sqm in three buildings in CTPark Sofia West and CTPark Sofia East.

About CTP

CTP is Continental Europe’s largest listed owner, developer and manager of logistics and industrial real estate by GLA, owning over 9.9 million sqm of space across 10 countries. 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 our corporate website: ctp.eu

CONTACT DETAILS FOR ANALYST AND INVESTOR ENQUIRIES:

CTP
Maarten Otte, Head of Investor Relations
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Email: maarten.otte@ctp.eu

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CTP
Patryk Statkiewicz
Group Head of Marketing & PR
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Bellier Communication
Steve Hays
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Bellier Communication
Samuel Rhydderch
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