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CTP Finalizes Acquision of Industrial Park on D8 (E55) highway north of Prague

Representatives from CTP finance & acquisitions team, Erste Bank, AFI Group, ProDelta, and the legal firms of  Glatzova & Co. and Dentons during the handover process earlier today in Prague.
 

The third park in CTP’s growing Prague portfolio to be known as CTPark Prague North

 
On Tuesday 14th October, CTP met with representatives of sellers AFI Group and ProDelta at the legal offices of Dentons in Prague to complete the final signing of a purchase of its third industrial park in the Prague region. The park currently consists of a newly-constructed building of 21,000 m2 and adjacent land available for approximately 70,000 m2 of new development.

The property, formerly known as the D8 European Park, will be rebranded to CTPark Prague North and refurbished to meet the standards of CTP portfolio.


“CTP is very pleased to extend our presence on the Prague real estate market, which we recently entered with the Airport Logistics Park at the Prague Airport and the CTPark Prague East, situated at the intersection of D1 highway and the Prague ring road,” stated Radek Zeman, CTP CFO.

CTP is a full-service commercial property developer specialising in the design, construction and management of custom-built, premium-class properties for lease in the Czech Republic and throughout Central Europe.
 
CTPark Prague North
 
For more information on this story please contact:
 
Zdeněk Raus     CTP | Financial Manager
Emailzdenek.raus@ctp.eu
Phone: +420 724 981 306
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