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Aareal Bank Arranges Financing For CTP In Czech Republic - Quick Facts

Aareal Bank (AAALF.PK) said the company has arranged and underwritten the refinancing of two logistics and industrial parks in premium locations in the Czech Republic on behalf of CTP, a commercial real estate owner, developer and manager providing complete services in the logistics real estate sector. The refinancing is in the amount of approximately 403.5 million euros with a loan term of 10 years.

CTP will use the loan proceeds to refinance the two premium logistics parks comprising 32 properties in total.

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