Saturday, 15 March 2025
CTP has signed three new lease agreements with Milšped, one of the region’s top logistics providers, adding 64,000 sqm of space to its expanding operations. With this latest deal, Milšped’s total footprint with CTP now reaches 105,000 sqm, reinforcing its position as one of CTP’s largest clients in Serbia.
The new leases cover CTParks in key Serbian cities, including Niš, Belgrade, and Novi Sad, reflecting the rapid expansion of the third-party logistics (3PL) sector in the region. The growth is being driven by nearshoring, increasing regional manufacturing activity, and rising e-commerce demand.
At CTPark Belgrade West, Milšped secured the entire SIM 6 building in December, enabling the company to provide logistics services for a leading multinational client. Located in Šimanovci, an established industrial hub with direct access to the Beograd-Zagreb E-701 motorway and Nikola Tesla International Airport, the new facility will significantly enhance Milšped’s regional distribution capabilities.
In June 2024, Milšped expanded into CTPark Niš, Serbia’s third-largest city, leveraging its central location to serve major international clients. The company is also growing its operations in Novi Sad, increasing space at CTPark Novi Sad East to meet the growing demands of its client base. The park benefits from direct international railway access and proximity to the EU border, making it an ideal logistics hub for cross-border operations.
Laza Kovačević, Managing Director for CTP Serbia, emphasized the strategic importance of this partnership, highlighting that 70% of CTP’s new leases are with existing clients. He noted that Milšped’s expansion demonstrates the effectiveness of CTP’s scalable and flexible logistics solutions, helping businesses adapt to fast-changing market needs.
Nebojsa Krivokuca, Milšped representative, praised the collaboration with CTP, stating that the new logistics facilities will provide the infrastructure necessary to support its expanding multinational client base and strengthen its market presence in Serbia.
CTP continues to be a dominant force in Serbia’s logistics and industrial market, managing a total gross leasable area (GLA) of 600,000 sqm, with an additional 200,000 sqm set for delivery in 2025. Its strategically located industrial parks, including CTPark Belgrade North and CTPark Belgrade West, offer Class A facilities with strong connectivity to major European cities and Nikola Tesla International Airport. The growing investment opportunities in Serbia’s logistics sector are expected to further strengthen the country’s position as a regional logistics hub.
