CTP, Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate by gross lettable area (GLA), reported a 306% rise in net profit in the 12 months to 31 December 2021 to €1,026 million, compared with €252.2 million for the same period of 2020.
CTP N.V., the EU’s largest listed developer and operator of logistics and industrial real estate by gross lettable area (GLA), has today closed a €700 million four-year green bond under its eight billion euro medium-term note (EMTN) programme.
CTP bought from Dan Şucu the Mobexpert project from Târgu Mureş, located in the Mureş Industrial Park near the local International Airport, with an area of 25,000 sq m, which includes both storage and production facilities.
CTP, the largest developer and administrator of class A industrial and logistics spaces in Romania, continues the development of CTPark Bucharest North with new buildings with a total area of 95,000 sqm.
CTP, the EU’s leading listed developer and owner of logistics real estate by gross lettable area (‘GLA’), reported a 92% rise in profit for the first nine months 2021 to €317.8 million, compared with €165.8 million for the same period of 2020. The company's portfolio reached 7.1 million sq m, of which 2 million sq m are in Romania.
CTP, the largest owner and developer of industrial and logistics spaces in Romania, has concluded a partnership for the next 5 years with Tuborg Romania. CTP will develop in CTPark Bucharest North, a project located in the Ștefănești area, a dedicated warehouse of 10,300 m2 that will be customized to meet the client's needs.
CTP, the largest developer and manager of industrial and logistics spaces in Romania, announces the expansion of its business and consolidation of the management team responsible for local
operations. Sorina Florescu was appointed Head of Marketing for Romania and is responsible in this role for managing and overseeing integrated marketing campaigns and initiatives to drive further growth.
CTP's external evaluator, C&W, updated its revenue-generating portfolio valuations for the third quarter of 2021. These valuations indicate the compression of material returns compared to the end of 2020.
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