Germany CTP to complete DIG takeover
Investment & financeschedule 04 May 2022
Deutsche Industrie Grundbesitz owns numerous logistics properties across Germany including in Drei Gleichen near Erfurt
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Czech industrial developer CTP has acquired an 80.9 pct stake in Deutsche Industrie Grundbesitz.
The objective of the transaction is to strengthen CTP’s position as continental Europe’s largest listed owner, operator and developer of logistics and industrial properties by securing immediate scale in Europe’s largest economy as well a springboard to unlock further value growth. The offer was formally launched on December 7th 2021 and it was completed on February 3rd. Due to the takeover, the REIT status of DIG was terminated in January 2022 and the company was delisted. CTP is now to m
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