CTP announced that a major international logistics business has leased 80,000 sqm of BTS space for a major distribution hub at the new CTPark Budapest–Érd in Hungary.
The new 80,000 sqm BTS logistics building will be delivered to the tenant during Q1 2027. The logistics operator has signed a long-term lease for an 80,000 sqm hub that will enable it to consolidate its operations into a single, large-scale, modern facility designed to meet its specific requirements. The business chose CTPark Budapest–Érd for its prime location, direct access to the M6 highway, excellent accessibility, and local workforce. The Érd and Budafok-Tétény regions are close to the Danube River and Hungary’s M0, M1, M7 and M6 motorways. CTPark Budapest–Érd represents CTP’s sixteenth industrial and logistics park in Hungary.
CTP started to develop the new park in January 2025, on 70 hectares of land on the border of the Érd and Budafok-Tétény regions near Budapest. CTPark Budapest–Érd will eventually provide a total of 250,000 sqm of modern, sustainable Grade-A space. The recently signed landmark deal of 80,000 sqm and the first phase’s 75,000 sqm GLA is a clear indicator of strong pre-let interest in the submarket from occupiers, seeing opportunity in the high quality I&L space they know CTP will deliver, and because of the park’s location with access to a large skilled local labour pool and supported with direct highway access and excellent transport links to the rest of Hungary and other European markets.
The park will include additional service facilities, all within attractively landscaped green spaces and amenities. Pedestrian and bicycle routes have been prioritised in the park’s design, including a new connection to the local Tétényliget railway station and direct access to the EuroVelo 6 Danube-side cycling route.
All buildings at CTPark Budapest–Érd will incorporate the latest sustainable technology. Energy-efficient features will include thermal insulation, LED lighting, and PV panels supporting long-term sustainable performance. Green façades will enhance biodiversity and elevate the park’s design. CTPark Budapest–Érd has also been designed to fit seamlessly into the surrounding riverside landscape. CTP has planted 2.5 hectares of new forest along the Danube, while a strategic partnership with the Hungarian Garden Heritage Foundation will help ensure the Park incorporates a wider array of sustainable features.
“Sustainability, innovation, and social responsibility are at the heart of CTP’s philosophy. With every project, we aim to create long-term environmental and economic value, in cooperation with local municipalities, with a focus on innovative construction and long-term quality asset management. Our approach to developing CTPark Budapest–Érd has been the very same. The Park has sustainable design at its heart, and we’ve worked closely with local municipalities and other stakeholders as partners to support community initiatives as we look to strengthen the local economy and contribute to the region’s wider economic growth,” said Ferenc Gondi, Managing Director of CTP Hungary.
