CTP with EUR 177 mln in refinancing
Investment & financeschedule 09 May 2017
CZECH REPUBLIC Helaba and Pbb have lent EUR 177 mln to CTP to refinance the CTPark Bor logistics park.
The seven-year loan is a 50/50 club deal with Helaba acting as the agent. With an area of 393,000 sqm CTPark Bor, which is located close to the German border, is one of the largest logistics parks in the Czech Republic Radek Zeman, CTP CFO said: “We began development at CTPark Bor in 2005/2006, and up till now have developed a total leasable area of over 390,000 sqm. Planned future development will enlarge the park by 210,000 sqm to reach a total built up area of around 600,000 sqm. The pa
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