CTP News Center

CTP Financials

28

06

2010

CTP is pleased to announce one of our important long-term partners, Raiffeisenlandesbank Niederösterreich, continues

to finance the extension of our CTP portfolio and has provided a construction loan for buildings at CTPark Ostrava and CTPark

Brno South, totalling 40,000 m² currently is being built. Raiffeisen is co-financing construction costs as well as the solar energy program that is an integral part of these projects. Upon completion, the construction loans will be converted into a

long term investment facility with a final maturity in 2026. Currently we have five bankers financing our portfolio and we are looking to extend that number to eight within the next 12 months.