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CTP & Unicredit Bank agree 69mil EUR in New Loan Facilities




CTP and UniCredit Bank concluded loan agreements totalling EUR 69 Million. The loans will be used to refinance 4 buildings at CTPark Divišov, CTPark Bor and CTPark Brno as well as to finance projects currently under construction at CTPark Bor and CTPark Brno.

The mutual co-operation of CTP and UniCredit Bank, which began in 2010 with a EUR 35 Million loan, has resulted in nearly EUR 160 Million of total financing by the end of 2013. The newly concluded transaction is another milestone in the successfully growing relationship where both partners share the same business philosophy – doing business throughout the Czech Republic to support the growth of businesses such as ABB, Honeywell, TechData and Johnson Controls.

CTP is pleased to continue the fruitful relationship with a financial partner which trusts the CTP business plan and recognises the value CTP brings to the Czech Republic.

CTP is a full-service property developer specialising in the design, construction and management of custom-built, premium-class business properties for lease in the Czech Republic and throughout Central Europe.