CTP N.V. - results for fiscal year 2024
CTP reports record profit of EUR 1.1 billion, net rental income up 19.0% year-on-year, company-specific adjusted EPRA EPS of EUR 0.80 and EPRA NTA per share up 13.6% to EUR 18.08.
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News
Prologis continues sustainable projects: the largest DHL distribution centre in the Czech Republic significantly reduces fossil fuel consumption
One of the first and largest DHL Supply Chain distribution centres in the Czech Republic, located in Prologis Park Prague-Jirny, is significantly reducing its dependence on fossil fuels. The 100,000 m2 warehouse building now has a completely new heat pump heating system, which is making a major contribution to the building's energy efficiency. Working with its customers and partners, Prologis is implementing state-of-the-art sustainable solutions across all of its fleets, moving closer to its global goal of achieving net zero emissions by 2040.
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P3 newly leased 230,000 m² in its Czech industrial parks last year
P3 Logistic Parks has signed lease agreements for a total of 230,006 m² in the Czech Republic in 2024. More than a third of it has been leased to major logistics companies such as DB Schenker, DHL and ViT logistic, and it has also seen interest from manufacturing companies and e-shops. Last year's leasing results confirm the success of P3's strategy to focus on attractive locations and long-term partnerships with tenants.
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Industrial
Czech Republic attracts new companies to lower operating costs - energy price is not the key factor, but its savings are
Location, price, transport accessibility, labour availability and up to 5th place energy performance / sustainable building certification. These are the main criteria for companies when selecting warehouse space. This was shown by the results of the Trends in Czech Logistics survey conducted last year by the SKLAD association in cooperation with Ipsos. According to the real estate consulting company 108 REAL ESTATE, preferences are very similar in the case of the production space segment. However, despite the survey results, it turns out that it is the costs associated with the operation of industrial real estate that have a great influence on the success of the Czech Republic's offer in international tenders of global tenants.
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CTP strengthens leadership: Jakub Kodr becomes Managing Director for the Czech Republic
CTP, Europe's largest developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has appointed Jakub Kodr as its new Managing Director for the Czech Republic. Jakub Kodr, who joined CTP more than seven years ago and was previously Head of Business Development, will take over the leadership of CTP in the Czech Republic from January 2025.
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CONTERA enters a new era: the CT Real Estate Portfolio will be acquired by Blackstone for approximately EUR 470 million
The Czech property development and investment group CONTERA has reached a significant milestone with the launch of its cooperation with Blackstone, the world's largest alternative asset manager. Blackstone has agreed to acquire CT Real Estate, a portfolio of 10 logistics parks, from TPG Real Estate, with whom CONTERA has successfully partnered on its industrial portfolio since 2019. In addition, Blackstone has committed to buy a portion of the stake directly from CONTERA, with Blackstone holding a majority stake in CONTERA's industrial portfolio upon closing of the transaction. CONTERA will remain a minority shareholder, property manager and developer.
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Breakthrough in the construction industry: in the Czech Republic, Panattoni introduces wooden structures in large industrial halls
Panattoni was the first company in the Czech industrial development market to obtain a positive opinion for the use of wooden trusses and roof trusses in the construction of large-scale industrial halls for production and logistics.
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The future of logistics and warehousing in the Czech Republic: new research by SKLAD reveals key trends
What technological innovations are companies introducing in logistics and warehousing to cope with the increasing pressure for efficiency, or what applications does artificial intelligence have in these areas? These are not the only questions answered by the new study Trends in Czech Logistics 2025, conducted by the research company IPSOS for SKLAD. 205 logistics managers from various segments shared their opinions in questionnaire surveys and in-depth interviews. The study builds on the successful 2022 and 2020 versions.
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CTPark Chomutov expands with Czech company BOUKAL, favourable location attracts more tenants
Czech company BOUKAL joins CTPark tenants Chomutov, where it plans to create dozens of new and strengthen the regional economy. CTP, a leading European developer leading industrial and logistics park developer, welcomes a tenant that focuses on wholesale and retail sales of machinery, tools, instruments and abrasives, both in brick-and-mortar stores as well as through an e-shop. BOUKAL's new premises will be a logistics centre with warehouses, offices, a showroom and a shop including a drop-off point for e-commerce orders.
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