CTP Announces EUR 150 Million in deals at MIPIM
CTP and new financial partner pbb Deutsche Pfandbriefbank, executed a EUR 132 Million financing for the premium property, CTPark Bor, at MIPIM 2015. The deal includes a portfolio of existing buildings, as well as a line of financing for extension of the park in the future.
Charles Balch, Head of Real Estate Finance International, UK & CEE at pbb, added: “pbb is very pleased to start a lending relationship with CTP, the major player on the Czech logistics and industrial market. The logistics market in the Czech Republic remains strong.”
CTP also announced that it has signed a EUR 30 million financing deal with long-term financial partner Société Générale & KB group for the BREEAM Excellent rated building A3.2 in CTPark Brno.
“CTP is delighted to have reached an agreement with our long-term financial partner, SOCIÉTÉ GÉNÉRALE & KB GROUP, on the financing of one of our key R&D campus buildings in the CTPark Network. We appreciate working with SOCIÉTÉ GÉNÉRALE & KB GROUP, with whom we have cooperated for many years already,” stated Radek Zeman, CTP CFO