Serbia CTP purchases land in Kragujevac

The acquisition is part of CTP’s strategic plan to expand its offering and attract more investors to this emerging industrial hub. The land acquired sits inside the region’s existing Free Trade Zone, a well-established automotive industrial zone, and the site will be developed to add another 50,000 sqm of lettable space to CTP’s existing facility in Kragujevac. In Serbia, CTP already has a standing portfolio of 600,000 sqm with an additional 200,000 sqm to be delivered in 2025