CTP, Europe's largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA) has signed a 10-year lease agreement with ZOOMLION to relocate its operations to CTPark Tatabánya, marking one of the most significant transactions of the year in Hungary’s industrial and logistics real estate market.
ZOOMLION will invest €100 million ($105 million) in technology in their factory at CTPark Tatabánya, where CTP will tailor the 35,000-square-meter (377,000-square-foot) TBN5 logistics building to meet ZOOMLION’S production of high-quality and efficient scissor lifts and boom lifts. In addition, the Chinese manufacturing company will utilize outdoor areas, newly constructed service facilities and a 20,000-square-meter (215,000-square-foot) testing zone.
ZOOMLION Heavy Industry Science and Technology Co. is a construction and agricultural machinery manufacturer. Present in Hungary since 2021 with its premium products, this n
