18,000 sqm Lease With CTP Enables FIEGE to Deliver Nexen Tyres From Czech Republic to Car Manufacturers Across Europe - Seite 2

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.

"The cooperation between FIEGE and CTP is an example of effective connection between logistics needs and industrial capabilities, which are the result of careful planning and strategic industrial advisory from Knight Frank. Our role was to create a bridge between FIEGE's specific needs for Nexen Tire Europe and a unique warehousing solution from the developer CTP, situated directly at Nexen production factory. I am sincerely delighted with another closed transaction with FIEGE who continues to strengthen their position on the Czech market," added Markéta Vrbasová, Director of Industrial Leasing at Knight Frank Czech Republic, who secured the extension of this partnership.

CTPark Žatec 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 Žatec 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.

ABOUT CTP

CTP is the largest listed owner, developer and manager of logistics and industrial real estate in terms of gross leasable area, with 11.2 million sq m. GLA in 10 countries (as of 30 September 2023). The company certifies all new buildings under BREEAM at 'very good' or above and has achieved a negligible-risk ESG rating from Sustainalytics, reaffirming its commitment to sustainability. For more information, please visit: www.ctp.eu.