CTP successfully completed another green bond issuance, structured as a dual tranche. CTP raised a total of €1 billion under its recently increased €8 billion EMTN program. The issue included a €500 million five-year tranche, a €500 million ten-year tranche and a concurrent €150 million capped tender offer on the €650 million senior notes due October 2025. Total demand for the issue was around €3.5 billion and the tender offer well exceeded the targeted amount, evidencing and further supporting the solid standing that CTP holds amongst international bond investors less than one year after first entering the market.

German bicycle manufacturer CUBE is expanding its operations by launching its first production facility at CTPark Cheb in the Czech Republic, in a new building with 10,000 sqm of space. The new assembly line for bicycles is planned to start in February 2022.

Romanian IB Cargo, a freight forwarding supplier, and Maersk, the container logistics group, have jointly started operations at a new distribution and logistics centre near Bucharest. 

Property developer Zacaria says it will start residential investments in three Romanian cities after it partially sold its local industrial portfolio to CTP.

CTP says it has taken over around 112,000 sqm of industrial space from Zacaria Industrial, representing parks in four cities, for an undisclosed sum. Following the acquisition, CTP has started operations in Craiova and expanded its presence in Sibiu, Arad and Oradea and its local portfolio has edged close to 2 million sqm.

The industrial and logistics market in Romania continues to grow in terms of leasing activity and supply of new projects, with some 800,000 sqm in new stock under development at present.  

CTP has started the construction of a new warehousing facility for GEIS Global Logistics at CTPark Prešov South. A new 5 500 sqm facility will help GEIS strengthen its position in the Eastern part of the country, with the premises strategically located in the third-largest city of Slovakia.

CTP has recently finalised two strategic acquisitions in Bulgaria as part of its two-year, €300 million expansion plan to further grow its presence in the country.

In addition to manufacturing capabilities and an R&D centre, HELLA, a global manufacturer of lights and electronic components for cars, is now building a state-of-the-art testing laboratory in the Ostrava region. The lab will be located at CTPark Ostrava Hrabová, where advanced machines will be simulating the real-life operating environment of HELLA products throughout their entire life cycle.

CTP, the owner and operator of industrial and logistics projects, will invest in a new cargo terminal located in western Romania.