You are on page 1of 9

Get

Sm-
art
CTP News
News & Views for the CTP Community
CEE Publication | Autumn 2016
Feature story 45

3/2016
3 11 12 14
Regus New Services, Offices Expo Real 2016 Focus: Ponvka
International office operator & Architecture Special IBM opens new R&D centre in
moves in to Europort at Prague CTPark Bor gets facelift Overview of CEE investment Brno's dynamic business park
Airport
B U S I N ES S N E WS

3
On Target and
268

235

202

Stable: Financing
165

134
120
113
100

2016
2011 2012 2013 2014 2015 2016 2017 2018

Projections

Gross Rental Income 20112018


(In EUR million)

At the end of 1H 2016, CTP booked income of EUR 95 5.12

4.66

million, and thus on target to reach EUR 200 million by the 4.02

end of the year. The financial results were driven primarily 3.24
3.45

by income from new completions and from acquisitions


2.33

completed in 2015 being fully incorporated during this year.


2.16
1.89
1.76

By the end of Q2, CTP refinanced almost 50% EUR750millionof


our EUR 1.6 million loan portfolio. During refinancing, we were able 2011 2012 2013 2014 2015 Q2 2016 2016 2017 2018

to improve interest rates, negotiate generally better loan terms, while Projections
improving the ovearall cash flow position of the company. Additionally,
we secured new lines of credit to support our strong pipeline of projects
Lettable Area 20112018
across all markets.
(Inm2 million)
CTP's lettable area projections are on target
The portfolio continued to grow, primarily through new construction and to reach our goal of 5 milllion m2 by 2018, with
acquisitions in the new markets of Hungary and Romania as planned. expected rental income to reach nearly
In 1H, we grew the portfolio by over 200,000m of new space, and plan EUR 270 million over the same period.
a total of over 400,000 m by year end. While we continue to pursue
acquisitions which fit our portfolio and investment goals, we plan to focus
on growing mainly through new construction.

I N M E M O RI A M: E D DY M A AS CTP continues to focus on optimisation of our core industrial business, by


building new, premium-quality buildings, acquiring assets which fit our

215
portfolio profile, and through the divestment of non-strategic assets.

19532016
Radek Zeman
CFO
radek.zeman@ctp.eu

Born in Hoogezand-Sappemeer, Holland, and living out his days in Groningen,


CTP People
where he earlier studied law, Eddy opened his law firm in the 1980s and later joined forces

with Johann Brakema and Remon Vos to establish CTP in the Czech Republic.

Eddy had a keen mind, and eye for the deal, and took pleaseure in

growing through acquisitions.


THE BIG DEAL
Eddy was a smart and strategic businessman, tough, straightforward
Take-up across the network remains strong, with vacancy currently standing
and always ready to help. Because of his innovation and never-give-up attidute, at under 6%. With new construction activity coming online, we have space
available immediately in the new markets of Hungary, Romania, and
we much enjoyed working with Eddy over the years, and will continually additionally at new locations in our home market of the Czech Republic.

be inspired by him to grow CTP further. Since the last edition of CTP News, we have signed many 20,000+ m2 deals,
which demonstrates the willingness of companies to invest in central
He will be missed. Europe, and the flexibility of the CTPark Network to accommodate client
requirements.

Major deals include:


On behalf of CTP,
CTPark Plan confidential 28,000 m
Remon L. Vos
CTPark Tatabnya confidential 25,000 m

CTPark A Petainer (American) 20,000 m

CTPark Teplice (pictured) Kuehne+Nagel (German) 18,000 m

CTPark Sibiu Grupo Antolin (Spanish) 13,000 m

CTPark Bratislava HP Pelzer (German) 7,000 m


4 F E AT U R E S TO RY

Get Smart
ALL GOOD: GOOD AI
CTP reporters caught up with Marek Rosa,
visionary, founder & CEO of GoodAI, the
Prague- based research centre focused on
developing General Artificial Intelligence.

CTP: What is GoodAi, and why did you start the company?
MR: Our mission is to build a general artificial intelligence (GAI), as fast as
possible to help humanity, and to understand the universe.
Speed is important because we are missing opportunities to solve problems
that can help humanity. The universe is too complex for the human
brain to comprehend, so we need GAI to find answers our biased human
brain cannot conceive. We are working on the big questions like what is
intelligence, and how to create a GAI that is ethically safe and feasible.

CTP: Can AI be Creative?


MR: Creativity is very important for AI. I view creativity as connecting
things in a new and novel wayfinding patterns where you didnt see them
Thats all changed now. The past 5 years has and accurate are the results. Feed a computer a before. Its especially important when facing a problem you have never
seen the emergence of AI being put to use, series of pictures tagged tennis ball, then have faced before. Then you have to be creative. GAI will be able to find these
both in industry and in the home. AI startups the computer scan millions of images looking patterns between various domains of knowledge that are impossible for
have taken in more investment in the past 5 for tennis ball. When it chooses a picture with people to identify.
years, than the previous 50 combined. And the a tennis ball, the computer is rewarded, when
investment is paying off. Major breakthroughs it chooses a picture that shows a basketball, CTP: Who works at GoodAI
with a technique called deep learningwhere it gets a slap on the hand. Eventually the MR: We have 30 people here, coming form all countries: the UK, Korea, and
computers are trained to recognise patterns in computer, through this simple yes/no exercise about half come from CZ & Slovakia. They come from the fields of computer
enormous datasetsare now commonplace. can become more accurate than a human in science, machine language, cognitive science, neuroscience, because we need
Promise or Problem: Artificial Intelligence is now so AlphaGos recent defeat of Lee Sedol at Go, is identifying specific objects/people/faces etc. The to incorporate different perspectives, and therefore we can be more creative.
a case in point: the board game is so complex more layers of neutrons in a neutron net-
ubiquitous that we have no choice but to deal with it. The that analysts didnt expect this breakthrough work, the more precise and subtle the AI can CTP: Describe the landscape in CEE in terms of AI research?
MR: There are many companies working on specific AI in the CEE, using
past few years has seen a boom in both investment into, for another decade. Uber, Teslaand all other
players in the automobile industry are using
be. This method was influenced by the study of
the brain, and like the brain, neural networks programmatic methodologies to solve specific problems which they can sell
as well as products of, Ai. We see it in movies, read about it AI to both teach their cars how to drive, but are discovered to process signals in a very to clients. We have many well known antivirus companies who use machine
also using AI to find out which is the best route similar way that the human brain does, where learning to detect viruses. You have heard of companies like AVG, & Avast
on the internet, and actually use it when dictating into our in real time. Facebook and Findface are using individual neutrons or neutron zones store (recently mergeded.) in the Czech Republic, as well as Esset in Slovakia.
facial recognition to help find friends in both information, like the brain processes language
smartphone or searching on Google. It seems almost every pictures and in the wild. Doctors are using AI information in the Broca area. CTP: Where will people begin to see AI in the short/near term.
MR: Todays specific AI is about finding the low hanging fruit, where we
week a new discovery is made, or a new record is broken, all to better diagnose X-rays and sequence DNA to
prescribe remediesall better than humans Specific v general have an AI tool that can be applied, where there is low cost of failure, and a
with the help of Ai. can handlethanks to the massive size of the We see all around us the advent of what is high probability of saving money, increasing profits etc. We started GoodAI
underlying data that AI can digest. called Specific AI: That is Ai that is used to Consulting because our people can analyse a clients problem from the AI
focus on one question, and one question only. perspective and propose a solution to enhance their business. For example,
For decades, since Isaac Asimovs 1950s influential sci-fi But What is AI An AI that can recognise faces, will not be able in real estate you have building management systems which are a good
Various definitions arise, but basically AI is to direct a car on the road, nor tell if a mail is application for AI because of good data and the low cost of failure.
book of short stories, I, Robot introduced the world to computer based problem solving. Also various spam or not. To create a machine that equates
CTP: What are recent accomplishments you think are important?
the promiseand dilemmasof a world enhanced with techniques exist to come up with a computed
answer to a question. Software engineers can
to human intelligence, requires input from a
variety of sources, and this area of research is MR: The recent AlphaGo algorithm truly succeeded in demonstrating
Artificial Intelligence, the actual progress in the study of write programs which tell a computer what to called General AI. While the horizon for creat- that a deep learning program can find efficient strategies to basically a
do. But the recent development of using neu- ing a General AI is considered still far off2050 preternatural explosion of options. By finding approximations to narrow the
this field vaunted much promise, with almost nothing to ral networks to analyse input to determine and beyondresearchers are collaborating like scope of options to compare, it was able to discover strategies much better
the correct output is growing in importance never before to come up with a method that, than any human can.
show for the research. thanks to the ubiquity of large data sets and taken together, can digest all the messy data
the low cost of computing scale. Computers are which is real life and respond in a way that is CTP: Is AI different from Human Intelligence?
trained to recognise certain patterns in data, human like. MR: I do not see a difference between AI and human intelligence. It is all
and the networks tweaked on the training just intelligence. There is no distinction because we are creating it and we
input to come up with the correct result. The are creating it as only another skill in our repertoire of skills.
more data they can scour, the more nuanced
Watch the full interview with Marek Rosa on our Youtube channel or
Watson, IBM's friendly AI scan Watson the robot on this page with our CTP App Smart Reader.
robot is considered one of the
smartest in the world

Startup Scene & Great Minds of CEE


CZ EC H RE PU B L I C

S LOVA K I A

H U N G A RY

RO M A N I A
Rubiks Cube, the household match, insulin, parachutes, and contact
lenses. These are just some of the innovations that came from the
region of Central and Eastern Europe. The region consistently places
in the top of world rankings in educational achievement in math,
science and technology. A combination of human capital and robust
entrepreneurship has led to billions in value creation for the overall
regional economy. Today we see in the many new high tech startups the
historical legacy handed down by previous generations of innovators in Josef Ressel (17931857) 3dsimo Jn Bah (18561916) AeroMobil Lszl Br (18991985) Analogy Co Hermann Oberth (18941989) Onyx Beacon
the region. Inventor of the screw A consumer device for Constructed the first This combination of sports Inventor of the ballpoint Algorithm based learnign One of the founding fathers of Beacons for asset tracking
propeller and modern 'drawign' 3D objects directly. motor-driven helicopter, car and light sports aircraft pen, or as they say in and promulgation of rocketry and astronautics. and logistics management
compass. 3dsimo.com patented in 1895. is a true flying car. Orders England, the biro. business intelligence onyxbeacon.com
are being taken already throughout a company.
this year. analogy.co
aeromobil.com
6 S U M M E R H I G H L I G H TS P RO P E RT Y M A N AG E M E N T

11
Architecture, CTPark Bor, one of the largest, most successful parks
in the CTPark Network, is undergoing construction of

Greenery and Services:


a new CTOffice facility, bringing to the park not only
high quality, efficient office facilities, but adding a
Opening in October canteen, mini market, as well as introducing new greenery
at Spielberk, Brno
The CTP Vision and relax space surrounding the facility. The recent
completion of the first on-site accommodation facilities
Courtyard Marriott, the renown modern, four-star will incorporate a landscaped park, with quiet areas, relax
hotel will be opening this autumn in Brno. Sitting on zones, wooded pathways with outdoor exercise areas for
the peak of the placid Spielberk lake, the hotel will workers and residents to enjoy on their work breaks, or
add value to the award-winning office park due to after hours. CTP believes deeply that a comfortable and
its spacious conference premises and capacity for enjoyable work environment enhances employees well-
We understand the benefits that greenery, stylish
large banquets and receptions. architecture, and a relaxing environment bestows
being, which brings benefits to their employers.
on both workers well being and ultimately on
performance.
Our experience in creating world class, BREEAM certified,
office parks like Spielberk & Ponvka, informs the design
and landscaping surrounding our industrial CTPark
Network office facilities. World famous dutch landscaping,
and the use of natural building materials will all be part of

15 201 10
the new facilities at Bor.

floors luxurious rooms meeting rooms

The new hotel offers 201 luxurious rooms on 15 Courtyard Marriott at Spielberk is the ideal If you are interested in corporate packages,
floors, a sumptuous rooftop suite, a restaurant setting for business meetings, as well as social or want to take part in the opening event,
with a bar for 150 guests and, most importantly, and corporate events. contact:
10 meeting rooms with ample natural daylight Barbora Youssef
and access to the large outdoor terrace. The The new hotel at Spielberk is the third CTP- barbora.youssef@ctp.eu
main conference hall boasts 360 m2 of floor owned hotel in the Czech Republic operated
space and the capacity for 400 people. by Courtyard Marriott, in addition to those in
Plze and at Prague airport.

Groundworks underway
at CTPark Tatabnya

Shenker Moves in CTP is running at full speed in our newest mar-


ket Hungary. With the recent addition of Peter
at CTPark Bluina Wrsching as Country Manager, our team now
stands at four, who are constructing new facili-
Long term client DB Schenker took over ties and seeking appropriate acquisition targets
9,300m2 of new premises at CTPark Bluina in this growth market. With vacancy at 6.6%,
(pictured below) in South Moravia. CTPark and tenant demand pushing up headline rents,
Bluina is located just 8km south of Brno on the Hungarian market will keep our growing MOTIVATION DEFINED FOR SUCCESS Management Initiatives Progress to Plan
the European route E65 towards Bratislava. team busy for the forseeable future.
All my professional life I have been focusing CTP is a dynamic company currently In July, CTP was awarded ISO 50001:2012 certification for
on hiring motivated people with a positive growing in several regions. People with implementing and documenting a functional energy management
attitude. These are the employees who drive a high intrinsic motivation and a strong self- system for a number of our parks in the Czech Republic. The
company forward and bring the best results. actualization need are the ones who move CTP certification was awarded for Development Activities, Construction
CTP Welcomes Regus to Europort forward and make it the industry leader in the Management and Letting of non-residential premises related
Motivated doesnt mean driven only by CEE region. Hiring for motivation is key for to nine of our parks. Our certification plan is ongoing, and we will
On September 26, Regus, the largest operator on both short- and long-term bases, external factors such as salary, benefits or continued success. continue to pursue ISO 50001 certification for the rest of our parks
of serviced flexible office space throughout the nicely designed business lounges, with pro- work environment. Motivation from within in the network.
world, will open a new office centre at CTP- fessional receptionist services in addition to is where I focus. There are several important
owned Europort, directly across from terminals cleaning and food operations, and of course indicators that I look for to find the roots of a Concurrently, we have made great strides on the path toward
1 & 2 at Prague's Vclav Havel International broadband WiFi. persons motivationthe desire to grow and Zuzana Fiantokov our goal to reduce 5% of energy costs annually, by completing the
Airport. Regus at Europort will be the company's develop, the need to achieve something better HR Specialist exchange of 70,000m2 of legacy lighting systems to newer LED
CTP is pleased to extend cooperation with 10th location in the Czech Republic and is part than now, the need to pass on the experience zuzana.fiantokova@ctp.eu technologies. We have accomplished 30% of our goal already, and
our long-term partner with whom we cooper- of the existing network of 2,850 centres onto others, the need to be helpful and useful, are on schedule to reach the target by years end.
ate in both Brno and Ostrava. The new airport in 107 countries. and the desire for success.
facility will offer-fully equipped offices for rent
12 E X P O R E A L S P EC I A L

13
CEE-10 prepares for
the next ten years WESTERN BOHEMIA & GERMAN
MARKET INTEGRATION
Whether a manufacturer or rising star in Skoda auto works in Mladd Boleslav. The strong
e-commerce, the Czech property market is network of Tier-3 autotmotive suppliers in the
experiencing continuous strong demand from region also adds value.
Germany and beyond, due to its advantageous
proximity to Europe's largest, most sophisticated CTP: In considering new CEE operations, is
More than 9.1bn flowed into the markets of Central and Eastern Europe in 2015, the market. Big players such as Primark, Lidl, and labour cost and location the only factors?
Tech Data have led the way that many medium HJ: Top location and timely delivery are a must
third highest amount on record. FDI in 2016 is expected to take a slight downturn, not size companies are now following, leveraging to attract these requirements, but even more
both excellent logistics into Germany and important is a flexible, turn-key facility that
least because the international environment may not support expansion and also advantageous labour costs. ensures sustainable & efficient operations with
room for growth.
economic growth in most of the region will be less robust than last year. CTP: What are the most attractive
locations near the German border? CTP is intrinsically client-centric when it comes
That said, prospects for the region remain strong. New investors are attracted by the HJ: Favourite locations for e-commerce and to customer needs, as such we pride ourselves
automotive suppliers delivering into Germany on custom fit-outs that go far beyond a standard
theme of central Europe being a low-cost, high-return bet that offers a foothold and range from Prague westwards along the D5 logistics hall. With over 200 professionals, our
highway in the direction of Nuremberg such as engineers, technology specialists and architects
training ground for the wider EU market. Plze and Bor. Occupiers looking to optimise have designed, delivered and permitted facilities
labour costs often seek out opportunities in the for clients such as the medium sized Mahlwerck
border regions north & west of Prague in areas Porzellan, to the major players like Grammer,
such as atec, Teplice, Kadan, and A. Continental, Honeywell and Faurecia.

CTP: Why companies are coming CTP: What is the market outlook
particularly to this area, and which in this region?
As long as the markets that make up the CEE- of an industry-based growth model hinges on similar trade structure to that of Germany. companies do what there? HJ: Especially this year, we see a strong
10 continue to pursue fiscal reform and focus the competitiveness of their manufacturing Vehicles, electrical machinery, telecom HJ: Companies are choosing relocate or create demand for medium size2,000-10,000m
on a growth model with strong integration output and/or the degree to which they are equipment and refined petroleum are the most regional hubs just inside the Czech border due requirements that is further fuelled by Britains
into European Value Chains, the region looks integrated in global production chains. important export goods and together account to competitive labour costs, and the embedded, Brexit woes. Companies with a large European
set to enjoy prosperous coming years. It is A considerable share of CEE-10 exports passes for 30-40% of total exports in almost all CEE-10 historical technological & engineering skillset of customer base which have already established
expected that this integration, high and rising through EU-affiliated cross-border production countries. However, the relative importance of the local labour force. Much of western Bohemia themselves here, whether in manufacturing
trade openness coupled with increasingly chains. Slovakia, Hungary and the Czech these product groups varies across countries. juts directy into Germany, inlcuding Prague or e-commerce, are contemplating in large
sophisticated trade will continue to support the Republic stand out with 40% or more embedded The clustering of the automotive industry is which is physically closer to Germany than numbers to upsizeWestern Bohemia, Czech
CEE-10 industry-based growth model. Vehicles, foreign value in their gross exports, the bulk of clearly visible in the Slovak and Czech Vienna, and therefore more easily accessible to Republic in particular.
electrical machinery and telecom equipment it coming from the EU-15. While CEE exporters trade data. the western markets.
remain the most important industries. are in general still located further downstream
in the production chains than their European Given that the manufacturing sector is seen CTP: Which companies operate there,
The EU is expected to remain an important partners, countries like Poland or the Czech as the major source of technological progress in which industries?
source of FDI for the CEE-10 with total inflows Republic have already started setting up their in the economic literature, the CEE-10s strong HJ: While logistics and e-commerce players
estimated at roughly 3% of GDP per year. own value chains within their region. This industrial base should bode well for future can easliy serve the German market (for
Moreover, Western European parent banks will shows that the countries are progressing up the productivity increases. The CEE-10 are well example Primark, Lidl,Loxxess, Hellmann etc), Hendrik Jung
likely remain committed to CEE with future global/European value chain. equipped for an additional push towards more manufacturers in the auto-supply chain are Senior Business
credit growth increasingly being funded by knowledge-intensive production and innovation. very close to the BMW plants in Munich, Berlin, Development Manager
domestic deposits. The degree of trade sophistication among The CEE-10 score better than any other lIpzig, & Regensberg, as well as to the growing hendrik.jung@ctp.eu
the ten countries differs considerably. Over emerging market region in the World Banks
Industry (i.e. manufacturing) accounts for 80% of Hungarys manufactured goods fall into Knowledge Economy Index. All these factors
around 30% of gross value added in almost all the category high-and-medium-skilled and should contribute towards an acceleration of
CEE-10 countries, compared to only around technology-intensive, which is even higher total factor productivity over the longer term.
20% in the EU-12. As most of the CEE-10 are than the respective share for Germany. The
relatively small and open economies, the success Czech Republic and Slovakia also have a very

Featured Parks Park size

CTPark Bor 136,700 m2

CTPark Blatnice 49,400 m2

CTPark Plze 42,000 m2


Berlin
Hannover CTPark atec 23,600 m2
Significant share of industry in most CEE economies
(% of total gross value added)
CEE on the way to the Knowledge Economy
(Knowledge Economy Index)
Technologicl Level of Manufactured Goods
(% of all manufactured goods)
Visit CTP at Expo Real 2016 CTPark Teplice 20,800 m2

10
October 35, Munich Leipzig
CTPark Kada 11,400 m2

31 100 CTPark Cheb 10,000 m2


29.5
Hall B1, stand 245

Y
Dresden

N
A
M
25.5 25.5

R
24 23.5 23.3

E
23
CTP will be sending full team to meet you, including CEO Remon L. Vos

G
20
19
18
and CFO Radek Zeman. Additional participants will be Michal Felcman,
Teplice
5 50 Zdenk Raus, Hendrik Jung, Jaroslav Kaizr and Andra Bizon from Romania. atec

A
Frankfurt Kada Prague
Cheb
Cerhovice
Bor Blatnice

C
Nuremberg Plze

LI
B
U
Petice

P
0 0

E
RO CZ SK HU SI LT PL BG EE LV EU-12 DE EE CZ HU SI LT SK PL RO BG HU DE CZ SK SI EE LT PL RO BG LV

R
East Asia

Latin America

MENA

South Asia

H
EC
Z
C
Sources: JLL, FT, OECD, Deutsche Bank Research Economic Incentive and Institutional Regime High/medium-skill and tech-intensive Munich
Innovation Low-skill and tech-intensive
Education Labour-intensive and resource-intensive

IA
TR
ICT

S
U
A
14 FO C U S : P O N V K A P EO P L E

15
Meet Team As CTP has expanded activities in Slovakia, so have we expanded
our local team. Under the directorship of long-term Regional
Director Tom Buda, we have grown our team in all areas to

Slovakia ensure our growing client base in Slovakia a high level of service
and attention to their needs.

With opportunities for automotive clients in CTPark Bratislava


(pictured), Voderady and ilina, our experienced team on the
ground team is there to support any request.

Ponvka:
The driving architectural concept, created by the KOGAA
architecture studio, for the floorplans in the new IBM offices
was to create a healthy work environment which fosters
collaboration and greater interaction. Materials were selected
to create an unconventional office environment that supports
creativity and individual expression.

Attractive Traction See the video of the IBM


opening at Ponvka
Watch a video from groundbreaking ceremony
of HP Pelzer faciliy at CTPark Bratislava
Stanislav Pag
Regional Director,
Slovakia
Karol kork
Project Manager
Lenka ulkov
Property Manager

Who is New in CTP


Madas Lzsl Jana Jonkov
Ponvka, Brno's up and coming business Freshly landscaped last year by our Dutch CTP completely customised the offices
Project Manager Accountant
landscape architects, the greenery, meandering specifically for the young IBM team, who
destination, continues to surprise and attract. Ponvka stream, and eclectic mix of required a work space that fosters a creative Petr Rabuic Bogdan Ivan
buildingsold and newmake the park even and innovative environment. The building Tax Specialist MEP Construction Manager
CTP recently completed the finishings on a more attractive for high tech busineses. The design, with a central terrace, provides natural
Folde Michal Veselkov Monika
new premium office builidng, expanding the on-site amenities continue to grow, and the
new companies moving in are enjoying the
lighting from all sides, and throughout the
entire day, ensuring no 'dark' spaces and
Junior Lawyer Accountant

possiblities at the dynamic park. bike share program, canteen and clean lively reducing the overall need for interior lighting. Peter Wrsching Marcin Plichta Lenka Havelkov Zatloukal Ondej
atmosphere here. Country Manager, Head of Process & Insurance Specialist Accountant
The surrounding park, footpaths and public Hungary Change Management
Valentin Ighian Kristna Jakeov
On June 22, IBM and CTP celebrated the grand transport connections on-site, make the park
Project Manager Receptionist, Spielberk
opening of the new IBM Client Innovations an enjoyable and accesible workplace for
Centre in Ponvka. The ribbon cutting took employeeswhich not only allows them to Iveta Sykov
place in front of assembled guests from the city work better, but also helps companies retain Receptionist, Spielberk
and technical universities. key talent.
16 BAC K PAG E B E AT

C O M PA N Y A N N O U N C E M E N T S

CiJ Hall of Fame Finalists


CTP is honored to be listed as a finallist in the
1st CIJ Hall of Fame Competion, which will be
decided on 22nd Sept. in Prague. We are proud
to have received 29 Awards over 13 Years in the
real estate business, with parters like CIJ.
See you there!

CEO Remon Vos and

Time Out: daughter Emma live out


a lifetime dream, taking
part in the historical
Race of a Lifetime Peking-Paris race across
the continents, and
learning lessons along the CTP Ups the Ante: Sponors 2 Triathlons
Continuing in the tradition of CTPs favourite
journey. sports event, we deepened our cooperation,
sponsoring both the Plava and Doksy Race
Triatholons. Plava took place on 14th Aug. and
We spent years preparing for this DoksyRace on 11th Sept. where CTP fielded both
racethe car, the route, the planand individual and relay racers.
we finally left the Shangri-La Hotel on
a Sunday morning to drive to the Great
Chinese Wall where the rally started. 1. Hungary 8 3 4 = 15

a 1927
The Lancia Lambda is 2. Netherlands 8 7 4 = 19
y, 2.5 liters, 4 cylinder. It was a fantastic experience: unbelievable
monocot bod
views, unforgettable smells, impressive 3. Czech Republic 1 2 7 = 10
scenery, the many mechanical problems,
4. Slovakia 2 2 0 = 4
the many people we got to know and of
course the enthusiasm and support we had 5. Romania 1 1 3 = 5
throughout the trip. One of our biggest
challenges was overcoming the car issues, Olympic Medals Leaderboard
especially after having used up all the spare CTP sends a loud congratulations to the
parts. participants in another inspiring olympic
games. The table shows each country ranked
by medals per capita, with Hungary leading the
pack. Well done!

bivouac
the rough
a t m em ories from os ib irsk;
gre ov
We have e evening in N
Mongol ia ; th at ar in
b
It took 36 days to travel through meals in n, and th
d ay in Kaza
m e rest en g.
in CTP App
China, Mongolia, Russia, Belarus, to the welco a great ev
w h ere we had e!
Smolen sk
astiqu The CTP app, available for both iPhone and
Poland, Slovakia, Hungary, Slovenia,
nta st ic trip! o ya g e fant
A fa
Quel v iPad is a great way to search for available
Italy, Switzerland in order to arrive
properties, save your favourites and send
to Paris. Great to celebrate the finish
inquiries directly to our saleas team.
with a nice white wine at the Ritz.
When you see this icon , use the built-in
Smart Reader to scan the photo to watch
related videos.

ABOUT THE ARTIST

UPCOMING EVENTS

September 21, Vienna October 1112, Prague November 22, Budapest Keep up to date and visit Luk Vodika
CEE Property Forum CEE Automotive Forum Property Investment Forum our events page:
Luk Vodika works as a 3D artist, illustrator
ctp.eu/en/company/events
September 2223, Prague October 19, Brno November 24, Prague and animator. His hobbies are technology and
CEDEM Future development of automotive CIJ Awards Czech sci-fi and so he really enjoyed creating this is-
industry in Czech Rep. and CE
October 46, Munich December 8, Bucharest sue's ilustrations. He creates advertising visuals
ExpoReal November 34, Prague CIJ Awards Romania for renowned brands, live animations at the
Speedchain Czech
October 6, Bratislava March 1417, 2017, Cannes Signal Festival and animations for one of the
Property Investment Forum November 11, Prague Mipim 2017 largest music events in Europe.
Best of Realty www.lukasvodicka.com I www.drawetc.cz

Colophon
CTP | CTPark Humpolec
396 01 Humpolec
MIX Paper from responsible sources, FSC C109471. Printed in the UPDATE YOUR PREFERENCES If you want to stop recieving Czech Republic
Czech Republic on paper certified by the Forest Stewardship Council as the print edition of CTP News, or add/change who recieves the news (+420) 565 535 565
derived from responsibly managed forests and other controlled sources. in your company, please write to marketing@ctp.eu www.ctp.eu
GDASK

CZECH TECHNICAL UNIVERSITY TECHNICAL UNIVERSITY OF LIBEREC


The largest integrated
CITY:
STUDENTS:
Prague
23,000
CITY:
STUDENTS:
Liberec
3,400
PL network of premium
SPECIALTIES: Mechanical engineering, SPECIALITIES: Mechanical engineering,
WROCAW
business parks in
Electrical engineering, Mechatronics
Transport, Architecture Central Europe.
SLOVAKIA UKRAINE

Slovakia has a wellestablished system of Ukraine has historically been a major centre
UNIVERSITY OF PARDUBICE TECHNICAL UNIVERSITY OF OSTRAVA
secondary schools and universities preparing of higher education and today produces the www.ctpark.eu

DE
LIBEREC
CITY: Pardubice CITY: Ostrava students to gain the skills and knowledge fourth largest number of academic graduates
5,500 22,500
ZKUPY
STUDENTS: STUDENTS:
demanded by employers. The Slovak in Europe with 31 institutions of higher
SPECIALITIES: Transport, Electrical engineering SPECIALITIES: Mining and Geology, Metallurgy and
ML. BOLESLAV I
Materials Engineering, Mechanical Government fully implemented a new dual education throughout the country, 12 of
TEPLICE
ML. BOLESLAV II Engineering, Electrical Engineering education framework facilitating shared which are in the city of Lviv, with over
and Computer Science, Civil
ATEC Engineering, Safety Engineering theoretical education in schools and 100,000 students enrolled annually.
LOUNY
practical training in companies.
LYS N. LABEM

A KADA
ZDIBY HRADEC KRLOV CTBox
(450800 m2)
CHEB
KVASINY UNIVERSITY OF ILINA
OSTRAVA The three-in-one functionality
IQ OSTRAVA
TNIT CITY: ilina of the CTBox concept provides
PARDUBICE STUDENTS: 13,000
HLUBOKY HRANICE
SPECIALITIES: Mechanical engineering,
showroom, warehousing and
BOR
BLATNICE
PLZE
CERHOVICE
PRAGUE NORTH
DIVIOV NOOVICE
Electrical engineering, Transport office space in one efficient unit.

T Y P E S
PRAGUE EAST NOV
PRAGUE WEST LIPNK JIN
LVIV
PRAGUE AIRPORT HUMPOLEC N. BEVOU
EUROPORT
PETICE BARRANDOV CTFlex
ILINA (1,1503,000 m2)
JIHLAVA
CTFlex buildings are multi-purpose
CZ PONVKA

D E V E L O P M E N T
SPIELBERK facilities pre-built throughout CEE to
LVIV POLYTECHNIC NATIONAL UNIVERSITY support diverse business activities.

SK
OKKY UH. HRADIT
BRNO
PSEK
BRNO SOUTH CITY: Lviv
RETAIL PARK STUDENTS: 31,000
UNIVERSITY OF WEST BOHEMIA MODICE
SLOVAK UNIVERSITY OF TECHNOLOGY POPRAD PREOV SPECIALTIES: Architecture, Building and Environmental
BLUINA Engineering, Power Engineering and Control
Plze
CITY:
STUDENTS: 5,000
POHOELICE CITY: Bratislava Systems, Transport, Computer Technologies, CTSpace
STUDENTS: 17,000 MARTIN Automation and Metrology, Electronic Engineering
SPECIALTIES: Mechanical engineering, ESK
SPECIALTIES: Mechanical engineering, (3,00020,000 m2)
Electrical engineering VELENICE HRUKY
Electrical engineering, TECHNICAL UNIVERSITY OF KOICE
Materials science, Architecture High-quality, modern warehouses
Bratislava
CITY:
to accommodate the storage,
STUDENTS: 10,600
SPECIALTIES: Mechanical engineering, Metallurgy, distribution and supply-chain
TRNAVA Aeronautics, Electrical engineering needs of global business.
NITRA
BRNO UNIVERSITY OF TECHNOLOGY

U N I Q U E
BRATISLAVA KOICE

UA
VODERADY
CITY: Brno
STUDENTS: 23,000 CTFit
SPECIALITIES: Mechanical engineering, (From 5,000 m2)
Electrical engineering,
Materials science
CTP specialises in custom-built
properties and fit-outs to meet
even the most demanding,

F I V E
industry-specific requirements.
GYR

BUDAPEST
CTOffice
TATABNYA HU (From 195 m2)

AT MR

LL
TECHNICAL UNIVERSITY
OF CLUJ-NAPOCA
MD A-class, cost-effective office
space developed in strategic
locations to support a range
SZKESFEHRVR
CITY: Cluj-Napoca ofactivities.
STUDENTS: 14,600
SPECIALTIES: Architecture, Electrical engineering,
Mechanical engineering,
Materials science

BUDAPEST UNIVERSITY OF TECHNOLOGY BUDA UNIVERSITY MADARAS

CITY: Budapest CITY: Budapest CLUJ-NAPOCA


STUDENTS: 22,000 STUDENTS: 13,000
SPECIALTIES: Mechanical engineering, Electrical SPECIALTIES: Mechanical engineering,
engineering, Architecture, Transport Electrical engineering

TURDA

IT RO
ARAD

SI
BRNIK

TIMIOARA

DEVA I
DEVA II
SIBIU
CTPark Network Stand-alone Developments

POLITEHNICA UNIVERSITY
OF TIMIOARA

Get the App


CITY: Timioara
STUDENTS: 14,000
SPECIALTIES: Mechanical engineering, Architecture,
Electrical engineering
CZECH REPUBLIC HUNGARY ROMANIA This map presents our
portfolio as of Sept. 2016.
The Czech Republic produces one of the The Hungarian labour force is well qualified The quality of education in Romania is For up-to-date availability
POLITEHNICA UNIVERSITY OF BUCHAREST TECHNICAL UNIVERSITY
highest percentage of science and technical and cost effective, which increases the recognized internationally, local students OF CIVIL ENGINEERING and news updates,
graduates in Europe. There are currently countrys international competitiveness. The consistently ranking in the top 10 in Internati- CITY: Bucharest download the CTP app
25,500 Bucharest
more than 91,000 technical university country has several famous and practice-ori- onal Olympiad competitions in math and STUDENTS: CITY:
for iPad or iPhone.
SPECIALTIES: Mechanical engineering, Electrical STUDENTS: 8,000
students, and more than 21,000 university ented universities, each playing a notable role informatics, better than any other country in engineering, Metallurgy SPECIALTIES: Hydrotechnics, Construction
graduates in technical and scientific subjects in the education of the workforce. A large the EU. The focus on technical subjects is
Adriatic Sea enter the workforce every year. number of high quality research institutions significant, the number of engineers per
are testament to Hungarys traditional capita being higher than in the US, India, PITETI

strengths in science and technology. China or Russia.


BUCHAREST
BUCHAREST EAST
BUCHAREST WEST
BUCHAREST OFFICE PARK

Black Sea
N
BA RS
W E
BG
S

You might also like