CTP Partners with Milšped for Major Logistics Expansion
CTP, a leader in the development, ownership, and management of logistics and industrial properties in Europe, is proud to announce that it has signed significant new leases totaling 64,000 sqm with Milšped, a prominent logistics provider in Serbia and Southeast Europe. This expansion marks a tremendous step forward, increasing Milšped's overall footprint with CTP to a noteworthy 105,000 sqm.
Strengthening a Successful Partnership
The addition of these new lease agreements highlights the robust partnership between CTP and Milšped. The three leases encompass several of CTP's industrial and logistics parks situated throughout Serbia, including a newly developed CTPark in the city of Niš. Milšped has also secured additional space in established locations in Belgrade and Novi Sad, demonstrating their commitment to evolving logistics needs.
Strategic Locations for Enhanced Logistics
At CTPark Belgrade West, Milšped recently secured a lease for the complete building SIM 6, which will serve a significant multinational client. Positioned in a well-defined industrial area near essential transport routes, including the Beograd-Zagreb E-701 motorway and Nikola Tesla International Airport, this facility promises to enhance Milšped's logistics capabilities, positioning them well to manage and expand their distribution network in the region.
Expansion Across Key Markets
Earlier, Milšped broadened its collaboration with CTP by leasing space at the new CTPark Niš, strategically located in central Serbia. This site will facilitate service delivery to major international clients spanning various industries. Additionally, Milšped is expanding its operations at CTPark Novi Sad East to cater to the rising demands of its client base. The park's location offers immediate access to international railways and closeness to the EU border, a combination that will enhance logistics service delivery.
Milšped's Growth and the 3PL Sector
The expansion of Milšped underscores the rapid advancement of the third-party logistics (3PL) sector within the Central and Eastern European (CEE) market. Factors such as nearshoring, a boost in regional manufacturing, and the ongoing rise of e-commerce fuel this growth. Milšped's commitment to CTP's state-of-the-art and flexible facilities ensures they can address their clients' evolving logistics needs efficiently.
Supporting Client Needs
According to Laza Kova?evi?, Managing Director for CTP Serbia, their successful collaboration with Milšped demonstrates the significance of strategic location choices and adaptive logistics solutions. This collaboration empowers Milšped to cater to the increasing demands of their clients. CTP prides itself on forging close relationships with clients, which is evident as 70% of their new deals are with existing partners. Milšped's relationship with CTP exemplifies a shared understanding of logistical requirements and a commitment to proactive support.
CTP's Commitment to Sustainability and Growth
As an industry frontrunner, CTP manages 600,000 sqm of gross lettable area (GLA) in Serbia, with plans to deliver an additional 200,000 sqm by 2025. The company's parks are strategically positioned in important cities, facilitating better logistics efficiencies. Facilities like CTPark Belgrade North and CTPark Belgrade West provide Class A accommodations, ensuring seamless connections to major European hubs as well as proximity to Nikola Tesla International Airport. These factors make CTP a prime candidate for investment opportunities in Serbia, further fortifying the logistics and industrial sector in the region.
About CTP
CTP is recognized as Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area. With ownership of 12.6 million sqm of GLA across ten countries, CTP is dedicated to sustainability, certifying all new buildings to BREEAM standards of Very Good or better. Their commitment to environmental and sustainable business practices earned them a negligible-risk ESG rating by Sustainalytics.
Frequently Asked Questions
What is the significance of the new leases CTP signed?
The new leases with Milšped represent significant growth for both companies, enhancing logistics capabilities and supporting regional expansion efforts.
Where are the new CTPark facilities located?
The new facilities are strategically situated in key Serbian cities, including Niš, Belgrade, and Novi Sad, catering to major international clients.
How does the third-party logistics sector impact CTP?
The growth of the 3PL sector drives demand for modern logistics infrastructures, where CTP's expansion caters to this increasing market need.
What is CTP's commitment to sustainability?
CTP prioritizes sustainability by ensuring all new buildings achieve BREEAM ratings and maintaining a minimal ESG risk rating.
How does CTP support its clients?
CTP maintains close relationships with clients, enabling tailored solutions to suit their evolving needs while promoting flexible logistics operations.
