CTP News Center

Loan with CSOB and KBC Belgium signed

21

04

2011

CTP signed a loan agreement with ČSOB and KBC Belgium for almost €50 million for financing the construction of CTPark Brno, phase II.

The loan was signed this morning in the amount of almost €50 million. This new financing will support construction of the new

site at CTPark Brno, phase II. The total investment into this site is forecasted to €95 million. CTP is very happy to start cooperation

with new strong financial partners such as ČSOB and KBC Belgium.

CTPark Brno, phase II is an extension of the successful CTPark Brno which is fully constructed and leased. CTP has won a tender in September 2010 held by the City of Brno for this new development site totalling 42 ha. There has been already contracts signed for 90 000 m2 mostly by CTP’s existing tenants. In the coming 5 years CTP plans to finish this site concluded with 11 buildings rented mostly to production companies operating in hightech manufacturing, automotive sector and consumer electronics. Companies operating at CTPark Brno, phase II will offer over 4 000 job opportunities to the community of Brno.