Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of an international team of lawyers that assisted CTP in connection with its Initial Public Offering (IPO) on the Euronext stock exchange in Amsterdam. NNDKP proudly acted as local counsel advising on Romanian law aspects on the project.

“We are happy to have closely advised CTP, our long-standing esteemed client, on its exceptional milestone achievement. This deal will help strengthen CTP’s position in the logistic sector in the CEE area. The IPO of the company marks a new era for CTP and highlights the importance of the logistics industry, a potential also promptly perceived by major institutional investors attracted by this IPO”, said Lavinia Ioniță-Rasmussen, Partner at NNDKP.

CTP Group is the largest full-service owner-developer of prime industrial and logistics property in the Central & Eastern Europe region. CTP sold 61 million new shares in the IPO, representing 15.4% of its total number of shares, raising EUR 854.2 million (excluding over-allotment options), implying market capitalization of CTP reached EUR 5.6 billion. The money raised will be used to develop new projects, for selective property acquisition and debt repayment.

***

About NNDKP

Nestor Nestor Diculescu Kingston Petersen is a promoter of business law in Romania and has been acknowledged, for almost 30 years, as a pioneer of the Romanian legal market. NNDKP offers full-service and integrated legal and tax advice to companies from diverse industry sectors. For the past three decades, NNDKP lawyers have provided expertise in landmark deals and projects in Romania, contributing to the evolution of the Romanian business environment, including in innovative and niche economic sectors that involved both international corporations and local entrepreneurs.

NNDKP represents Romania in some of the most prestigious international professional alliances - Lex Mundi, World Services Group, International Attorneys Club - and is a founding member of the South East Europe Legal Group (SEE Legal). The firm is constantly top-ranked in all practice areas by the renowned international guides Chambers & Partners, Legal500 and IFLR 1000.