Accelerated yield compression is expected for year-end 2021 after Q3 2021 valuations, CTP announced in a portfolio update.
Richard Wilkinson, Deputy CEO and Group CFO of CTP said: “The increasing transaction volumes and accompanying accelerating yield compression in logistics/light industrial properties across CEE markets was clearly evident in our portfolio in the third quarter. This broader market trend will have a substantial positive effect on our valuations. While we will only formalise our valuation process for our full-year 2021 financial statements, current material pricing evidence is such that we are providing guidance on the direction of reporting to the equity markets.”
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