Ctp N V (CTPVF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Thank you for joining this half year of 2026 results, which are positive so far. We have been able to do a lot of leasing, 55% more than we done in 25 of the first six months, which is 1.6 million square meter of deals. V V V V V V V V V V V V V V I've done a deal with Chinese e-commerce business so far first half this year in terms of take up very good and this confirms and demonstrates that there is a high demand for CTPs ready-built factories and warehouses within the CTP business parts the growth The drivers remain in Europe for Europe. Companies need to be in Europe to serve and support their clients here. That's why they come over from Asia, other places, to be here on the ground. This is one in Europe for Europe. It's also more consumer spending. It's also Central Europe being business smart, cost effective. That is a combination of different factors. Still, two thirds of all the business we do come from existing clients. working hard, of course, to maintain a good excellent relationship with those companies, help them grow. At the same time, also we search for new companies and get new clients from different areas to come to our parks, which often actually works that existing tenants put us in touch with other companies, their suppliers. That's how we also get to new business. The tension rate remains high at almost 90%. Rent collection is as used to be over 99%. So we collect all the rent. We charge almost all of that from our 1,700 blue chip tenants. Very nice companies. Good to work for. The integrated business model combines at CTP operator, standing income producing developer, the construction company, in-house construction company, and the growth engine, as we call it. So the part of our team was looking for opportunities outside of the es...