CTPark Bucharest, the industrial park based near Western Bucharest with a leasable area of 565,000 sqm, has been refinanced following a syndicated loan deal.
The loan was granted by Alpha Bank Romania and Alpha Bank, acting as coordinating banks together with BRD Groupe Société Générale and ING Bank Romania. The refinancing covers 40 green logistics buildings developed by CTP in the industrial park.
“The partnership aims to contribute to CTP Romania's ambitious endeavours, further solidifying its position as a leading player in the green logistics space,” said Alpha Bank Romania in a press release.
CTP’s industrial portfolio in Romania spans 2.6 million sqm, with another 200,000 sqm under development. The company has invested over €1.5 billion in Romania to date.