CTPark Plzen expanding – EuropaProperty

CTPark Plzen has registered a sharp increase in leasing and construction activity since the beginning of 2016. Most recently, German retail chain Lidl announced that they will launch a logistics and eCommerce facility in CTPark Plzen, concretely unit BP18.

The Lidl facility, a 30,000 sqm customization of an existing building plus extension, is set to commence next week, and is scheduled for full operation by the end of the year. Lidl expects to have up to 1,200 positions in the future when operating at full capacity.

“The adaptation of an existing building to a highly automated e-commerce operation can bring unique challenges, but as developer and long-term owner of our buildings, CTP has extensive experience with the maintenance and upgrades to state-of-the art technology to keep them relevant for modern businesses,” said Hendrik Jung, Senior Business Development Manager, CTP.

“Challenges for BP18 include the upgrading of the HVAC and fire-safety systems and ensuring that a complex mezzanine and conveyor system fit and function perfectly,” commented Hendrik Jung.

“A similar example of a successful mid-lifecycle upgrade is CTPark Divišov, which we recently outfitted with an array of modern, energy-efficient tech, resulting in an improved energy-rating,” said Jaroslav Kaizr, Business Director, CTP.

Chinese electronics manufacturer, Hisense, has leased 10,000 sqm in unit BP5, with an option to extend operations by a further 5,000 sqm during 2016. In order to better service Hisense, logistics companies, Lagermax Spedice and Japan’s SGL will also expand operations in CTPark Plzen in the near future.

Construction of a 5,000 sqm facility in BP19 continues apace for a global leader in automotive seating and electrical systems, scheduled for hand-over in May 2016.

CTP’s portfolio of A-Class industrial properties has lettable area of around 3.25 million sqm (as of 31st December 2015) and CTP´s updated commitment is to grow to 5 million sqm by the end of 2018.