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Investors - AUGUST 22, 2023

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European firm opens Asia office

by Andrea Zander

CTP, a developer, owner and manager of industrial and logistics properties that is one of Europe’s largest listed by gross lettable area, has opened its first office in Asia.

CTP's new Asia office reflects the growing demand from its Asian client base for increased production capabilities in Europe, driven by the pandemic and a changing geopolitical environment that has increased supply-chain risk.

The new office will be based in Hong Kong and headed up by Jaromir Cernik, business development director for CTP Asia, who joins from fast-growing fintech company Qupital, where he served as a board member and director. Based in Hong Kong for more than 20 years, Cernik previously worked with CTP in his roles with CzechInvest and the Czech government. Cernik’s initial focus for CTP in Asia will be on developing cl

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