CTP, Europe's largest listed owner, developer and portfolio holder of logistics and industrial properties in terms of gross lettable area, has concluded a long-term lease extension with Versandhaus Walz GmbH for the approximately 46,000 square metre property in CTPark Bad Waldsee in the district of Ravensburg in southern Germany.
The agreement continues the long-standing cooperation between CTP and Walz and underlines the strategic importance of the Bad Waldsee site for Walz's ongoing activities and future development. At the site, Walz continues to use a combination of office, warehouse and logistics space to support its central shipping and distribution processes.



