CTP Expands Germany Portfolio With Acquisition of Industrial Park for Sustainable Transformation in Stuttgart

WUPPERTAL, Germany--(BUSINESS WIRE)--Regulatory News: CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), is expanding its Germany portfolio with the acquisition of approximately 39,000 sqm of industrial and commercial space close to the city of Stuttgart as part of a sale and leaseback transaction with Mahle Behr GmbH & Co. KG, Stuttgart, a subsidiary of the automotive supplier Mahle GmbH. CTP is planning to transfo