CTP Expands Italian Operations With New Rome Office and Six Development Projects

CTP N.V., Europe's largest listed owner, developer, and manager of logistics and industrial real estate by gross leasable area (GLA), is expanding its Italian operations approximately one year after entering the market.

The company is opening a second office in Rome and designating Central and Southern Italy as a priority for future investment. CTP is also adding six new development projects across Northern and Central Italy, with deliveries anticipated between the fourth quarter of 2027 and the third quarter of 2028. These projects are part of CTP's approximately €1 billion five-year investment plan for the Italian market.

CTP's Italian team has grown to 14 professionals, with a target to reach 20 by 2027. The expansion aims to leverage Italy's strategic position along Mediterranean trade routes, with a particular focus on Italian ports as key hubs. The company has indicated that expansion to the islands is also a possibility should suitable opportunities arise.

The six new developments include projects in Alessandria, Novara, Padova, and Castel San Giovanni, supplementing existing projects such as CTPark Padova Due Carrare, where construction is set to begin in October 2026. CTP's current Italian portfolio consists of five assets totaling 208,500 sqm of GLA, with further deliveries scheduled for late 2026 and early 2027.

This expansion follows CTP's first year of operations in Italy. The group reported a 12.6% increase in gross rental income for the first half of 2026 compared to the same period in 2025. A 93% occupancy rate and liquidity of €2.1 billion support the company's growth strategy in the country.