CTP has secured a €56m loan from the Romanian Commercial Bank, according to data published in the Monitorul Oficial. The loan was requested for the refinancing of the company’s most recent purchases made in Romanian regional towns and in Bucharest.
Part of the funds will be used to pay off the loan for buying the Cefin Logistics Park Arad and Deva logistic park.
CTP plans that by the end of this year to own a portfolio worth roughly €250m in Romania.
