CTP and Hitachi Energy Collaborate on Sustainable Factory and Campus Development in Czech Republic

CTP and Hitachi Energy Collaborate on Sustainable Factory and Campus Development in Czech Republic

(IN BRIEF) CTP, Europe’s largest listed developer of industrial properties, has launched a €57 million project for Hitachi Energy at CTPark Brno, Czech Republic. The first phase involves building a state-of-the-art high-voltage products factory, with a focus on sustainable production technologies and energy efficiency. The project is set to create 200 new jobs and aims to achieve BREEAM Outstanding certification. Additionally, a campus development will enhance the park’s services and foster collaboration among employees and visitors.

(PRESS RELEASE) AMSTERDAM, 17-Feb-2025 — /EuropaWire/ — CTP, Europe’s leading industrial and logistics property developer, owner, and manager, has unveiled an exciting new project in partnership with Hitachi Energy at CTPark Brno in the Czech Republic. The €57 million investment in the first phase of the project will see the creation of a cutting-edge high-voltage products factory, spanning 50,000 square meters. With an anticipated yield on cost (YoC) of over 10%, CTP also plans to further enhance the industrial park with a unique campus designed to diversify the range of services on offer.

The new factory will focus on producing gas-insulated lines (GIL) and components for gas-insulated switchgear (GIS), essential components for the transmission and distribution of electricity. The expanded facility will introduce state-of-the-art production technology, including advanced friction stir welding equipment, a robotized powder coating facility, and a new service center to support the manufacturing process.

Designed to meet the highest standards of quality, the factory will be equipped with automated systems for temperature, lighting, and humidity control to ensure an optimal and comfortable working environment. The project is expected to generate approximately 200 new jobs. A notable feature is the underground parking garage beneath the hall, providing convenient access for employees.

Sustainability is a core aspect of the project. The production building will incorporate heat pumps and solar panels, ensuring high energy efficiency. CTP has set its sights on achieving the prestigious BREEAM Outstanding certification for this development, reflecting the project’s commitment to environmental responsibility and sustainable construction practices.

In addition to the factory, CTP plans to develop an adjacent campus designed to foster collaboration and provide an enriching environment for both employees and visitors. The campus will include office spaces, residential buildings, a café, and other amenities, as well as versatile CTBox units for showrooms, administrative offices, warehouses, and production spaces. This concept aims to create a dynamic and comfortable atmosphere, promoting a sense of community within CTPark Brno.

The partnership between CTP and Hitachi Energy dates back to 2014 when Hitachi Energy first leased 15,000 square meters at CTP’s facility. Over time, the company has expanded its operations within CTP’s properties, driven by its leadership in the power and automation industry. Hitachi Energy’s portfolio includes pioneering technologies that prioritize renewable energy and the digitalization of power grids, with a strong emphasis on reducing environmental impact.

Pavel Kovář, Country Managing Director of Hitachi Energy for the Czech Republic and Slovakia, emphasized the importance of the Brno facility: “This factory exemplifies our commitment to scaling up our global production capacity to meet the rising demand for clean energy solutions. The new project at CTPark Brno will serve as an ideal base for the production of our eco-efficient EconiQ portfolio, which eliminates the use of SF6 – one of the most potent greenhouse gases. Our investment of over 1.1 billion CZK will enhance our production capabilities and help meet the increasing demand for sustainable energy solutions.”

Michal Dospěl, Regional Construction Director at CTP, expressed his enthusiasm for the project: “We are excited to deliver this ambitious project for our long-standing partner, Hitachi Energy. This state-of-the-art facility at CTPark Brno reflects our commitment to sustainability and innovation. We believe it will contribute to the continued growth of our park, offering a modern working environment that supports the growth and development of both our clients and employees.”

About CTP

CTP is Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 12.6 million sqm of GLA across 10 countries as of 30 September 2024. CTP certifies all new buildings to BREEAM Very good or better and earned a negligible-risk ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: www.ctp.eu.

Media Contacts:

ANALYST AND INVESTOR RELATION:
CTP 
Maarten Otte, Head of Investor Relations
Email: maarten.otte@ctp.eu

IR TEAM
Email:  investor.relations@ctp.eu

MEDIA RELATION:
Patryk Statkiewicz
Group Head of Marketing & PR
Mobile: +31 (0) 629 596 119
Email: patryk.statkiewicz@ctp.eu

SEC Newgate
James Carnegie
Mobile: +44 (0)7827 486 224
Email: CTP@SECNewgate.co.uk

SOURCE: CTP