Leading European industrial developer CTP has provided tailor-made logistics space to international technology and services provider Bosch. The company has leased a distribution centre in one of the largest and most sought-after industrial parks in the Czech Republic. Bosch will move its operations from the Netherlands to CTPark Bor in western Bohemia, where it will have over 15,000 sq m of lettable area.
CTP will provide Bosch with a cross-dock, which has the advantage of improved logistics, receipt and expedition of goods. The space can be expanded in the future. Bosch will use its 15,688 sq m primarily for the storage of electronic components and camera systems but the plan also includes offices for local management and employees.
“We are very happy to have been selected by this globally renowned company with a history of well over a century,” commented Jakub Kodr, Senior Business Developer at CTP. “We believe their decision was significantly influenced by the readiness of our buildings, fast, tailor-made space solutions and the location, which will help the company to streamline its delivery process from Germany to other European countries. Bosch and CTP also share a vision of doing business sustainably.”
Bosch’s decision to relocate to CTPark Bor was further supported by the high-quality facilities of the industrial warehouse and the use of the latest technologies, including charging points for electric vehicles. In addition, CTP provides its clients with sports facilities, canteens, accommodation, accessible medical care and support in finding new workforce. Bosch will now employ around 100 people in its warehouses.
The German engineering and technology company Bosch operates in more than 60 countries, its products are sold in 125 locations around the world and its workforce amounts to 500,000 employees. Besides Bosch, CTP’s portfolio includes other hi-tech tenants, such as Autoneum, ABB, Thermo Fischer Scientific, Honeywell and Garrett Motion.
The Bor park is one of the largest industrial parks in the Czech Republic, with a total area of 135 hectares. It is located on a highway near Tachov, around 15km from the German border and 50km from the city of Pilsen. The park offers facilities for manufacturing, storage and logistics as well as accommodation for the employees of local companies.
In total, the Bor park provides approximately 3,500 jobs. Construction having started in 2005, the park is being continuously expanded with both additional industrial properties and residential and service facilities. Employees can already benefit from several restaurants, a medical centre, training and meeting rooms as well as sports and recreational facilities.
Current tenants of the park include Primark, DHL and TechData. The largest tenant of the Bor complex is LOXXESS Bor, which leased 60,500 sq m of space in autumn 2020. It was the largest transaction of last year.