NewsClifford Chance advises CTP on successful club financing of Vlněna campus project

Clifford Chance has advised CTP, Europe’s largest listed owner, developer and manager of logistics and industrial real estate by GLA, in connection with the EUR 100,000,000 club financing of Vlněna, a new office, retail and lifestyle campus in Brno city centre.

Building on a longstanding client relationship, Clifford Chance played a key role in facilitating the transaction by actively assisting CTP with preparation and negotiation of the finance documents and coordinating Dutch law aspects throughout the process. The collaborative effort involved cooperation with Komerční banka as the main arranger, agent and security agent, along with UniCredit Bank Czech Republic and Slovakia as the second mandated lead arranger.

Vlněna is an innovative development, located in Brno’s revitalized brownfield area. It now stands as a modern and energy-efficient office complex, housing prestigious tenants such as Avast, Infosys, or Oracle. CTP is a full-service developer and manager of industrial and logistics parks. Its portfolio covers 11.2 million sqm of leasable space in 10 markets across Europe, connecting the Black Sea to the North Sea, making CTP the largest listed owner of logistics and industrial real estate by GLA in Europe. CTP has an extensive client mix with over 1,000 local and global companies representing a diverse range of business sectors, namely manufacturing, logistics and R&D.

The Clifford Chance team was led by partner Miloš Felgr with primary support provided by junior lawyer Sára Bartlová. The Dutch law aspects were covered by counsel Amin Tamaddoni and associate Menno Postma.