CTP looks for strategic partner to speed growth

CTP looks for strategic partner to speed growth

Published at: 2020-02-14 09:25 | Author: CIJEurope.com
CTP will explore selling off a portion of its portfolio in order to meet an ambitious goal of expanding its portfolio to 10 million sqm by 2023. In order to achieve this, the Czech Republic's dominant industrial developer and operator of industrial parks
could partner with a strategic investor. CTP achieved a capital base of over €2.5bn at the end of 2019 and claims it's well-placed to achieve its growth targets. The size of the portfolio under consideration for sale is confidential. CTP appointed Cushman & Wakefield as its exclusive representative in leading the transactions.

Similar Stories:

Korean Air Cargo begins regular service to Budapest
Korean Air Cargo has begun direct service between Seoul and Budapest on a twice-per week s  »
Online footwear retailer leases 5,000 sqm at Logicor Łazy
The largest online women's footwear retailer in Poland has leased 5,000 sqm of wareh  »
Warsaw remains largest industrial market in Poland
With 4.3 million sqm of warehouse stock, Warsaw remains the largest industrial market in P  »
Total supply of modern warehouse space in Poland exceeds 18 million sqm
In 2019, the total supply of modern warehouse space in Poland exceeded 18 million sqm, acc  »
CTP has expanded hugely in recent years, both in terms of the size of the portfolio and ge   »
There’s a lot of discussion about innovation in the office sector and in retail, but thi   »
Last year was a big year for you, as you established yourselves on the UK market. What wer   »
CIJ: E-commerce continues to be the dominant topic in logistics, especially city logistics   »