Czech developer CTP has secured €69 mln in loan agreements with UniCredit Bank.
Czech developer CTP has secured €69 mln in loan agreements with UniCredit Bank.
The loans will be used to refinance four buildings at CTPark Divisov, CTPark Bor and CTPark Brno as well as to finance projects currently under construction at CTPark Bor and CTPark Brno.
Unicredit and CTP started working together in 2010, when the developer secured a €35 mln loan. Since then the bank has lent CTP almost €160 mln.
CTP is a full-service property developer specialising in the design, construction and management of custom-built business properties for lease in the Czech Republic and throughout Central Europe.
