CTP Embarks on Sustainable Pharmacy Hub in Czech

Construction is underway at the CTPark Blatnice, where CTP is building a state-of-the-art distribution centre for Redcare Pharmacy, Europe's top e-pharmacy.

The new facility, encompassing over 30,000 sqm, is set to be complete by July 2025. CTP is Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area.

Founded in 2001 and headquartered in Sevenum, the Netherlands, Redcare Pharmacy has flourished across seven countries.

The company caters to nearly 12m customers, offering more than 150,000 products, which include everything from medications and supplements to beauty products and prescription drugs.

A significant leap in Redcare's journey was its public listing on the Frankfurt Stock Exchange in 2016, followed by joining the MDAX index in June 2023.

Construction with sustainability at its core

At CTPark Blatnice, sustainability is not just a buzzword but a fundamental principle guiding the construction of the new facility.

The development is tailored to meet the stringent standards set by the State Institute for Drug Control (SÚKL). With an emphasis on renewable energy, the plan includes installing rooftop photovoltaic panels and integrating electric vehicle charging stations. Additional green initiatives feature rainwater retention and reuse systems alongside biodiversity measures, such as establishing pools and habitats for local fauna.

The strategic location on the D5 motorway enhances the facility’s logistics capabilities, situated only 17 km away from Pilsen and a mere 7 km from the Nýřany container terminal.

With a current area of 58,600 sqm and a planned expansion of 20,748 sqm, CTPark Blatnice is poised to attract a skilled workforce, bolstered by its proximity to technical universities and excellent transport connections.

Meeting the complex needs of pharma logistics

Jakub Kodr, the Head of Business Development for CTP in the Czech Republic, expressed enthusiasm about partnering with Redcare Pharmacy.

He said: "CTPark Blatnice will provide an optimal environment for development thanks to its modern facilities and strategic location, as well as our speed and expertise in delivering large and technically challenging projects. The emphasis on sustainability and innovative technologies such as heat pumps or photovoltaic panels show CTP’s commitment to ESG as a long-term owner of industrial and logistics real estate."

Theresa Holler, COO and pharmacist at Redcare Pharmacy, also shared her insights on the collaboration, stating: "Finding a partner who understands the specific needs of the pharmaceutical industry was crucial for us.

"CTP not only has experience in this sector, but offered us premises with a high standard of sustainability and technologies that ensure safe and efficient storage of pharmaceuticals. We look forward to working together and successfully delivering this project."

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