POLAND CTP teams up with MDC² to build Polish parks

Construction work on the first three locations is to start in Q1 2021. CTP intends to invest EUR 200 mln over the first year of the project.

Poland is not only the largest economy in the CEE region, but with its strategic location and a close proximity to Germany, it is also a logistics hotspot. While we start construction in Warsaw and Katowice, we will keep exploring other locations in Poland to build hi-tech, sustainable parks for our 700 clients. The demand we have seen for logistics and industrial property in the Warsaw area and other large Polish cities is immense.
Remon Vos, the CEO of CTP

MDC² comprises a team of senior property experts that has developed more than 3 mln sqm of logistics parks over the last 15 years.

Poland is the second fastest growing logistics market in Europe and we are delighted to play a meaningful part in CTP’s expansion activities.
Hadley Dean, the founder of MDC²

CTP is active across seven CEE markets – the Czech Republic, Slovakia, Romania, Serbia, Hungary, Bulgaria and Poland. It now has a portfolio of 6.3 mln sqm and 700,000 sqm under construction, putting it on track to pass 10 mln sqm of total leasable space by 2023. CTP was the first industrial developer in the CEE region to have its entire portfolio BREEAM certified.