CTP wins tender for 42 ha of land in Brno

CTP signed a contract yesterday with the city of Brno for the purchase of 420,000 sqm of land at Cernovicka Terasa. The developer plans to construct up to 20 building on the plot over the next five years, with total investment exceeding €120m. It will be targeting the high-tech manufacturing, automotive and consumer electronics sectors and will include R&D facilities. CTP will be responsible for the design, construction and property management of the new real estate.

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