CTP is expanding its presence in Hungary with the development of its first industrial and logistics park in the country’s southern region, launching a project in the city of Pécs with a planned gross leasable area of more than 66,000 sqm.
The development will be delivered in phases. Construction of the first phase, a 14,200 sqm built-to-suit logistics facility, is scheduled to begin in the second quarter of 2026. The building has already been pre-leased to an existing customer and is expected to be completed by the end of the second quarter of 2027.
Future phases of the park will be developed according to market demand and occupier requirements.
The project is located on the southern edge of Pécs next to an established industrial area, with access to the M60 motorway and connections to the M6 motorway linking Budapest with the Croatian border.
Pécs, which has a population of around 150,000, offers an established industrial base and access to a skilled workforce supported by the University of Pécs.
Ferenc Gondi, Managing Director for Hungary at CTP, said the development marks the company’s entry into a new regional market and will provide modern industrial and logistics space while supporting occupier expansion and regional economic activity.
The first building is targeting an A+ energy rating and BREEAM Excellent certification. Planned sustainability features include a heat pump system designed to improve energy efficiency and reduce operating costs.
The park is intended to accommodate a range of occupiers, including logistics operators, advanced manufacturing companies and research and development businesses. The wider Pécs region has an established manufacturing, engineering and technology sector, supported by a university population of more than 22,000 students.