CTP has leased 18,000 sqm to FIEGE at a new 71,000 sqm industrial and logistics building which is currently under development at CTPark ?atec in the Czech Republic. This will be FIEGE?s third location with CTP, following existing leases in Poland and the Czech Republic, and brings their total occupation across CTParks to 59,000 sqm. From April 2024, the new regional distribution centre at CTPark ?atec will be used to store tyres from Nexen Tire Europe and supply them to automotive manufacturing plants across Europe.

The warehouse had to be specially adapted for the storage of tyres in transport cages, which was handled flexibly by CTP. FIEGE will provide complete logistics services at CTPark ?atec for Nexen Tire Europe, which has its European production plant close by. This new agreement is driven by the current ?nearshoring?

trend, which is seeing many companies bring production closer to their customers and increase their European production capacity, and the resultant growth in the supply chain. That is why FIEGE has extended its cooperation with South Korean tyre manufacturer Nexen Tire Europe and will transport tyres from CTPark ?atec to the production plants of European car manufacturers such as Volkswagen, BMW, Audi and ?koda. In the new distribution centre, FIEGE will store tyres in transport cages rather than in conventional racking.

CTP's experience and flexibility ensured the necessary adjustments to the project, given the strict fire and safety requirements that this type of storage requires. The fire sections were adjusted and better sprinkler heads (K360) installed. Both CTP and Fiege, which has committed to sustainable logistics in its strategy, are committed to a high level of sustainability and energy efficiency and so the warehouse is being built to target a BREEAM 'Excellent' New Construction sustainability certification.

CTPark ?atec is located in a proven industrial zone approximately 30 km from the German border on the D8 motorway and close to the D7 motorway connecting Prague with Chomutov. The park is located between three districts with approximately 300,000 inhabitants within a 30 km radius, with the advantage of quality infrastructure and business incentives supported by the state. CTPark ?atec offers buildings for manufacturing, logistics, R&D and back-office.

In addition to the ZA4 building currently under construction, which has 53,000 sqm of space left available, the park offers Shell & Core ready-made space in two other buildings of 4,000 and 9,000 sqm, which can be customised within six months of signing the contract.