Europe’s logistics landlord CTP is acquiring Italy’s developer VLD S.r.l. for €241 million
AMSTERDAM – CTP N.V., Europe’s largest listed logistics and industrial real estate group, is accelerating its growth by expanding into Italy, acquiring developer VLD S.r.l. for €241 million in a move that significantly boosts its landbank and development pipeline. The acquisition, from the FBH Group, grants CTP a strategic landbank of 8.7 million square meters (sqm)…