CTP lists on Euronext Amsterdam

Back

REAL ESTATE MANAGER AND DEVELOPER RAISES €854.2 MILLION
MARKET CAPITALISATION OF €5.6 BILLION

Amsterdam – 25 March 2021 – Euronext today congratulates CTP, a leading vertically integrated European logistics property owner-developer, on its listing on Euronext Amsterdam (ticker code: CTPNV).

The listing of CTP marks a new phase in the company’s growth strategy. The Dutch based company is a top five player in the industry, holding over 5.9 million m² of logistics space across eight countries in Central and Eastern Europe. In 2020 the company successfully accessed the investment grade debt markets by issuing green bonds. The proceeds of the listing will be used to fund development activities, property acquisitions and debt repayments.

CTP was listed through the admission of 397,017,000 shares, with the issue price set at €14.00 per share. The company’s market capitalisation was €5.6 billion on the day of listing.

Remon Vos, Founder & CEO of CTP, said: “CTP’s listing is the next step in an incredible journey. We are proud to take this step here in the Netherlands, back to where my roots are, and where Euronext’s position as a leading European stock exchange allows us to attract international investors that want to become part of our growth story. The strong response we received from investors to date strengthens us in our confidence that CTP’s vision perfectly fits the future trends in the global logistics and industrial real estate sector.  We have a strong platform to expand our European footprint, and we are set to deliver continued sustainable growth, operating in the most attractive real estate sub-segment.”

IPO CTP

Caption: Remon Vos, Founder and CEO of CTP, sounded the gong this morning to celebrate the Initial Public Offering of CTP. He was joined on stage by CTP’s deputy CEO and Group CFO Richard Wilkinson, together with Simone Huis in ‘t Veld (CEO Euronext Amsterdam), Jan-Evert Post (CTP’s Head of Funding & Investor Relations) and René van Vlerken (Head of Listings Euronext Amsterdam).

 

About CTP

CTP is a top five industrial property manager and developer in Europe and the largest in the EEC, holding over 6.3 million m² of logistics space across eight countries. The company plans to expand its portfolio over 10 million m² by 2023. With its entire portfolio BREEAM certified, CTP claims the position of the most sustainable developer in the region and is on track to reach carbon neutrality in 2021.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.