Pan-European logistics specialist CTP has acquired additional warehouse capacity in Ostrava, Czech Republic for an undisclosed sum. The deal with Bluehouse Capital concerns a 330,000 sqm plot of land, formerly used by chemical plants, in the city district of Ostrava - Hrušov. The latest acquisition will enable the expansion of the CTPark Ostrava Hrušov with an additional 76,000 sqm of industrial-logistics space. This is in addition to the existing first phase of 18,000 sqm, which is already leased to Prosperplast, Hyundai Steel and the logistics company LogFlex. Construction work is due to start in H1 2023 and the project will include the surrounding industrial park facilities typical for all developer projects, such as the necessary infrastructure, abundant greenery and electric vehicle chargers.
Source: https://propertyeu.info/Nieuws/CTP-expands-warehouse-capacity-in-Ostrava-by-76-000-m2/8b797c63-bc15-4bcf-9501-e128281ba588, on 12 April 2023