Tuesday, 11 November 2025
The deal by which CTP was to take over the entire activity of competitor P3 has fallen through, according to market sources. The value of the transaction would have been EUR 250 million.
The developer CTP had planned to buy the assets of competitor P3 in Romania, which owns a logistics park near Bucharest, with a leasable area of 380,000 sqm arranged in several buildings. This is the only park built by P3 locally and is owned by the sovereign wealth fund GIC.
“CTP maintained its 2025 forecast for EPRA adjusted earnings per share between 0.86 euros and 0.88 euros, but now expects to reach the lower end of this range after a planned acquisition in Romania did not materialize,” the financial report for the first three quarters shows.
Company officials say about the failed transaction that there were two restrictive conditions and that they decided not to proceed with the transaction.
Source: economica.net
