Industrial and logistics property developer CTP is close to passing the milestone of 1 million sqm of leased space in Poland. At the end of the first half of 2026, tenants occupied 996,800 sqm across the company’s Polish parks, while CTP signed leases covering another 168,000 sqm during the six-month period.
Poland has become an increasingly important part of CTP’s Central and Eastern European portfolio. The company currently has around 1.09 million sqm of completed gross lettable area in the country, compared with just 218,000 sqm at the end of 2022.
CTP has 20 parks in Poland, including 16 completed locations, and operates 35 buildings across 16 sites.
168,000 sqm of new Polish leases in six months
All of CTP’s Polish leasing transactions in the first half of 2026 were signed with new customers. The deals covered existing buildings, newly completed facilities and projects still under construction.
One of the larger transactions was signed with Windar Renovables. The renewable-energy industry supplier leased approximately 29,000 sqm at CTPark Legnica.
Retail and e-commerce companies accounted for almost 40% of the space contracted in Poland during the period. Logistics operators represented around 23%, while manufacturing companies, including businesses connected with renewable energy, accounted for approximately 17%.
Nearshoring supports industrial property demand
CTP expects demand to continue benefiting from nearshoring and the restructuring of European supply chains. Companies are increasingly looking to locate manufacturing and distribution capacity closer to their customers while reducing dependence on long-distance supply routes.
Across the entire CTP group, 1.58 million sqm of leases were signed in the first half of 2026, 55% more than a year earlier. The second quarter alone generated a record 813,000 sqm of new agreements.
2.6 million sqm Polish land bank supports further expansion
The developer also controls approximately 2.6 million sqm of land in Poland, providing capacity to expand existing parks and develop new facilities, including built-to-suit projects for individual customers.
CTP has been adding new locations to its Polish network, with projects announced in markets including Suchy Las and Bydgoszcz. Warsaw will also host the group’s Capital Markets Day on 22–23 September 2026.
Group rental income continues to rise
CTP’s expansion in Poland comes as the wider group continues to grow. Gross rental income reached €413.3 million in the first half of 2026, up 12.6% year on year, while net rental income increased 12.4% to €404.8 million.
The group’s completed portfolio comprises 14.8 million sqm of gross lettable area, with another roughly 2 million sqm under construction. Its total land bank stood at 33.7 million sqm at the end of June.
Annualised contracted rental income reached €858 million. CTP expects annual rental income to exceed €1 billion in 2027.
