CTP leases record 2.33 million sqm last year

Business Forum
Industrial developer CTP recorded gross rental income of €759.8 million in 2025, up 14.4% year-on-year with like-for-like rental growth of 4.5%.

The company delivered 1.33 million sqm at a yield on cost of 10.4% with 88% let at completion, bringing the group's standing portfolio to 14.6 million sqm of GLA. Strong leasing demand supported by rising disposable incomes in CEE markets and nearshoring trends translated to a record 2.33 million sqm of leases signed at 4% higher rent levels compared to 2024.

"On the back of strong tenant demand we signed 2.32 million sqm of new leases in 2025, 10% more than in the same period last year and record 1.32 million sqm of development completions," said CEO Remon Vos. The company made its first investment in Italy in 2025, securing an 8.7 million sqm landbank including immediate development potential, with 200,000 sqm scheduled for completion in 2026.

CTP's gross asset value increased by 15.7% to €18.5 billion. Company-specific adjusted EPRA earnings increased by 11.3% year-on-year to €405.0 million. The group's landbank amounted to 33.8 million sqm as at 31 December 2025, with 55% located at existing parks and 39% in new parks with potential for over 100,000 sqm GLA each.

At the same time, its EPRA NTA per share increased by 12.8% to €20.39, resulting in a total accounting return of 16.1%.

The company sets guidance for 2026 company specific adjusted EPRA EPS of €1.01-€1.03, implying year-on-year growth of 9-11%. CTP expects to deliver between 1.4-1.7 million sqm in 2026 and reach €1.0 billion annualised rental income in 2027.

RECOMMENDED
LPP expands to 125,000 sqm in CTPark Bucharest West
Real estate

LPP expands to 125,000 sqm in CTPark Bucharest West

CTP has signed an 11-year lease agreement with LPP Logistics for a new 60,000 sqm distribution centre at CTPark Bucharest West. The facility will bring LPP's total space within the park to 125,000 sqm.

CTP expands industrial park in Oradea with new 10,800 sqm building
Real estate

CTP expands industrial park in Oradea with new 10,800 sqm building

Industrial developer CTP is advancing construction work for a new 10,800 sqm building at CTPark Oradea North, continuing its expansion in western Romania. With this new project, CTP's total portfolio in Oradea exceeds 100,000 sqm of leasable space, consolidating the city's role as a regional logistics hub.

CTP reports 15% rental income growth on nine months
Real estate

CTP reports 15% rental income growth on nine months

Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.

CTP achieves Breeam certification for CTPark Ploiești
Real estate

CTP achieves Breeam certification for CTPark Ploiești

CTP, Europe's largest listed developer and operator of industrial and logistics parks by gross leasable area, has obtained Breeam New Construction Outstanding certification for an 85,000 sqm logistics warehouse at CTPark Ploiești, fully leased to international fashion retailer H&M. This is the first industrial building in CTP Romania's portfolio to achieve the highest level of the Breeam standard.

CTP names new Managing Director for Romanian operations
Real estate

CTP names new Managing Director for Romanian operations

Industrial developer CTP has appointed Ronald Binkofski as the new Managing Director for Romania, as part of the company's plan to achieve an annualised rental income of €1 billion across its European portfolio by 2027.

RECOMMENDED FROM THE HOME PAGE
Finance

EU launches €28 billion platform to support eastern border regions

The European Commission will launch the EastInvest Facility, a new financing platform designed to support EU regions bordering Russia, Belarus and Ukraine. The initiative aims to provide easier access to lending for Member States most affected by Russia's war against Ukraine.

READ MORE
Business Forum  |  26 February, 2026 at 9:32 AM
Business Forum  |  26 February, 2026 at 7:00 AM