The banking sector, like many other industries, is trying to gradually reduce its carbon footprint. Therefore, when evaluating financing, it takes into account not only the economic aspect, but also the sustainability of the financed projects. All the more so in the real estate sector, as it is an industry with a significant carbon footprint.

Tatra banka, a leader in corporate financing, has successfully cooperated with CTP for several years. The existing long-term partnership with Europe's largest owner, developer and manager of logistics and industrial parks has also been significantly strengthened by the provision of a new syndicated loan of EUR 278 million.

The bank participated in this transaction, which is one of the largest real estate transactions on the Slovak market, in cooperation with the Austrian Raiffeisenlandesbank Niederösterreich-Wien AG and Raiffeisenlandesbank Oberösterreich AG. Legal advice in the transaction was provided by Dentons and White & Case law firms.

Refinancing the construction of more than 35 logistics and industrial buildings allows CTP to release capital and reinvest it in new projects. CTP's portfolio is certified to BREEAM and EPC standards, a testament to its sustainability ambitions.

"We greatly appreciate the client's trust. We consider this transaction a milestone in terms of the volume and complex standards of syndicated financing. It also represents a significant step towards reducing the overall carbon footprint of the client's activities, and we are glad to be able to support them," says Zuzana Koštialová, board member responsible for corporate and private banking and Capital Markets.

"We have a long-standing relationship with Tatra banka and we value mutual cooperation. Its support is proof of our sophisticated business strategy and successes in the industrial and logistics real estate market in Central and Eastern Europe. CTP has long been a pioneer in the construction of sustainable industrial and logistics spaces, which our bank partners appreciate. The syndicated loan allows us to free up capital and reinvest it in new sustainable projects to deliver on our ambitious plans to expand,” said Richard Wilkinson, CTP's chief financial officer.