CTP Reports Record-breaking Year
29.06.2012Company: CTP Invest, spol. s r.o.
CTP publishes its 2011 Annual Report with record-breaking results. Rental income, profit and asset valuation rise year-on-year.
CTP has published record-breaking financial and business results in its 2011 Annual Report.
For the first time, CTP generated rental income of over 100 mil. Eur, which represents annual growth of 6,4%. The value of CTP´s assets grew by more than 11% year-on-year to nearly 1,8 bil. Eur. CTP ended 2011 with after-tax net profit of nearly 77 mil. Eur, a 21% gain over 2010 results.
The 2011 Annual Report presents combined financial results prepared in accordance with IFRS standards and reviewed by KPMG.
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CTP Remains Market Leader in 2012
By Q4 2012, the Czech market will have a total of 4 mil. m2 of A-class industrial stock. 58% (2,32 mil. m3) lies outside the Greater Prague Region.
The CTPark Network, CTP´s flagship development, accounts for 65% of A-class industrial properties outside the Prague region.
