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
CTP reports record Q1 leasing activity up 83%
Real estate

CTP reports record Q1 leasing activity up 83%

Industrial developer CTP recorded gross rental income of €205.1 million in Q1-2026, up 12.3% year-on-year with like-for-like rental growth of 4.6%. The company's annualised rental income increased to €849.3 million by the end of March 2026.

iwis reaches 11,000 sqm in CTPark Oradea City
Real estate

iwis reaches 11,000 sqm in CTPark Oradea City

Industrial developer CTP has completed and handed over a 4,000 sqm extension for iwis at CTPark Oradea City. The project expands the company's existing 7,000 sqm production facility, bringing its total footprint to 11,000 sqm.

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.

RECOMMENDED FROM THE HOME PAGE
Vodafone Romania to merge with Telekom by June 2026
Real estate

Vodafone Romania to merge with Telekom by June 2026

Vodafone Romania acquired Telekom Romania Mobile Communications on 1 October 2025 and has begun the phased integration of operations, systems and Telekom's network. The merger of the two companies is scheduled for the end of 30 June 2026.

Economy

World economy loses €25 trillion annually due to waste

The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.

READ MORE
Business Forum  |  27 May, 2026 at 7:23 PM
Business Forum  |  27 May, 2026 at 6:45 PM