CTP has signed a deal with Quanta Computer Inc. for a high-tech pioneering 22,500 sqm production facility at CTPark Jülich in the Brainergy Park Jülich in northwest Germany. Quanta is further expanding its global footprint in producing state-of-the-art technology products for clients in Europe. The deal is further evidence of the ?nearshoring?

trend that is seeing a growing demand from Asian companies looking to expand their production space in Europe driven by a changing geopolitical environment and post pandemic supply chain disruptions. organizations are increasingly seeking to build resilient and ESG-compliant supply chains by nearshoring their production capabilities closer to their end customer base. In light of this, CTP opened its first Asian office in August 2023 to be closer to and serve its clients in the region increasingly moving their production space to Europe.

The focus is on understanding their needs to build on CTP's capability as a full service property partner delivering high tech space for semiconductor, electronics and IT businesses.