Heineken to Open New German Warehouse at CTPark Weiden - Seite 2

CTP entered the German market in 2022 through the circa €800 million takeover and delisting of Deutsche Industrie REIT-AG, which had a 1.6 million sqm GLA portfolio on 3.9 million sqm of land. CTP now has a team of 50 across three offices in Germany, 33,000 sqm of industrial and logistics space under development, amongst others in Bremen, and a 155,000 sqm landbank.

Paul Groen, Supply Chain Director for Heineken Germany, said: “With our new central warehouse in Weiden in der Oberpfalz, we are investing in future-proof and more sustainable logistics in order to meet the increased product capacities, shorten transport routes and supply our customers efficiently and flexibly with our brand portfolio. We are delighted to have Sirl Interaktive Logistik GmbH at our side as a strong partner for the site and logistics.”

Alexander Hund, COO and Managing Director South Germany at CTP Deutschland, commented: "Our focus is on enabling sustainable growth at our parks, to support our tenants and local communities. We are proud that Sirl Interaktive Logistik has chosen CTPark Weiden as its new distribution centre for Heineken in Germany, which demonstrates the success of our strategy to increase investment in Germany."

Tobias Wieser, Head of Business Administration, Project and Quality Management at Sirl, added: "Sustainability is an integral part of logistics today and absolutely fundamental to the future viability of our projects. We are looking forward to using the upgraded site in Weiden to establish Heineken's new long-term distribution centre."

Jens Meyer, Lord Mayor of the independent city Weiden in the administrative district Oberpfalz of eastern Bavaria: "It's great to see that the local infrastructure is being redeveloped and that the business location of Weiden can continue to offer local companies and well-known brands an attractive home. Particularly in view of the shortage of space in the urban area, the reutilisation of derelict sites is the right way forward."

ENDS

About CTP

CTP is Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 11 million sqm of GLA across 10 countries as at 30 June 2023. CTP certifies all new buildings to BREEAM Very good or better and earned a ‘Low-Risk’ ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: www.ctp.eu

View source version on businesswire.com: https://www.businesswire.com/news/home/20231107079368/en/

The CTP Stock at the time of publication of the news with a fall of -0,36 % to 14,03EUR on Lang & Schwarz stock exchange (08. November 2023, 07:00 Uhr).