CTP, Europe’s largest listed developer, owner and operator of logistics and industrial real estate by gross leasable area (GLA), has signed two new leases totalling more than 104,000 sqm at CTPark I?owa in western Poland, as demand from Asian-linked e-commerce supply chains and third-party logistics (3PL) operators increases across Europe.
A major Chinese fast-fashion e-commerce platform serving European customers has signed a lease for 66,214 sqm of GLA across two buildings, made up of 46,595 sqm and 19,619 sqm respectively, while a leading international 3PL operator has also signed for 37,801 sqm of space at the park to support its logistics and distribution operations. The agreements reinforce CTPark I?owa’s position as a strategic logistics location for occupiers serving fast-growing European consumer markets, including Poland.
Asian occupiers now account for over 12% of CTP’s portfolio and approximately 15% of leases signed across the CTPark network over the past 24 months. Demand from Asian e-commerce businesses and the 3PLs that support them is increasing across Europe, as companies seek to navigate more complex cross-border supply chains, respond to changing consumer expectations and adapt to evolving trade conditions, including the EU’s recent decision to impose customs duties on small parcels.
Piotr Flugel, Managing Director of CTP Poland, said: “CTPark I?owa is increasingly becoming a hub for companies at the centre of Europe’s changing supply chains. These leases reflect two of the strongest trends we are seeing across the CTPark network: the growth of Asian-linked e-commerce platforms serving European consumers and the expanding role of 3PLs that can help those platforms scale quickly, flexibly and reliably. Occupiers need modern, well-connected space that supports fast-moving distribution models while allowing room for future growth, and CTPark I?owa is well placed to meet those requirements.”
Comments are closed.