{"id":6646,"date":"2026-05-15T18:00:00","date_gmt":"2026-05-15T16:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=ad760b3beb37e4a5b98c8e6be52ede34"},"modified":"2026-05-15T18:00:00","modified_gmt":"2026-05-15T16:00:00","slug":"ctp-n-v-announces-moodys-upgrade-of-ctps-credit-rating-from-baa3-to-baa2-with-a-stable-outlook","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=6646","title":{"rendered":"CTP N.V. announces Moody\u2019s upgrade of CTP\u2019s credit rating from Baa3 to Baa2 with a Stable outlook"},"content":{"rendered":"<p>AMSTERDAM--(BUSINESS WIRE)--Regulatory News:<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260515167813\/en\/2806605\/5\/CTP-Brick-Label-%28RGB%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260515167813\/en\/2806605\/22\/CTP-Brick-Label-%28RGB%29.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260515167813\/en\/2806605\/5\/CTP-Brick-Label-%28RGB%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260515167813\/en\/2806605\/21\/CTP-Brick-Label-%28RGB%29.jpg\" \/><\/a><p>\nCTP N.V. (\u2018CTP\u2019, \u2018the Group\u2019 or the \u2018Company\u2019), Europe\u2019s largest listed owner, developer and manager of logistics and industrial real estate by gross lettable area, announces that Moody\u2019s Ratings (\u2018Moody\u2019s\u2019) has upgraded CTP\u2019s long-term issuer rating and senior unsecured rating to Baa2 with a Stable outlook from Baa3 with a Positive outlook.<\/p><p>\nSince receiving its inaugural Baa3 rating in 2020, CTP has nearly tripled its portfolio, growing from 5.1 million sqm to 14.7 million sqm of GLA, while expanding from \u20ac5.9 billion to \u20ac18.9 billion of GAV. Over the same period, CTP has further diversified geographically, reinforcing its leading position in Central and Eastern Europe while successfully expanding into Western European markets, including Germany and Italy.<\/p><p>\nIn Q1-2026, CTP delivered record leasing performance, signing leases for over \u20ac53 million of annual rental income. This demonstrates continued robust occupier demand across its portfolio. CTP\u2019s vertically integrated business model, strong tenant relationships, and market-leading development yields of over 10% continue to support profitable growth while strengthening credit metrics over time. It also supports CTP\u2019s clear path towards \u20ac1 billion of annualised rental income by 2027, further underpinning the long-term strong cashflow generation, which supports the Company\u2019s self-funded growth model.<\/p><p>\nIn the rationale for its decision, Moody\u2019s stated:<\/p><p>\n<i>\u201cThe upgrade of CTP\u2019s rating to Baa2 was prompted by the Company\u2019s business profile improvements, notably improved scale and diversification of its logistic and industrial real estate portfolio and a continued robust rental growth performance with modest vacancy rates. We expect ongoing demand for industrial real estate assets, which is mitigating the macroeconomic vulnerability.\u201d<\/i><\/p><p>\nRichard Wilkinson, Group CFO at CTP, said:<\/p><p>\n<i>\u201cWe are very pleased with Moody\u2019s decision to upgrade CTP to Baa2 with a Stable outlook. This is a strong recognition of the scale, quality, and resilience of our platform, as well as our disciplined financial management and consistent operational delivery, since our inaugural rating in 2020.\u201d<\/i><\/p><p>\nAbout CTP<\/p><p>\nCTP is Europe\u2019s largest listed developer, owner, and operator of logistics and industrial real estate by gross leasable area (\u201cGLA\u201d), with a portfolio of 14.7 million sqm of GLA in 11 countries and 2.0 million sqm under construction as at 31 March 2026. Our ready-built factories and warehouses, together with our custom-built solutions, serve over 1,700 clients ranging from large blue-chip multinationals to local SMEs. We build \u200blong-term partnerships through a client-first approach, maintaining roughly 90% annual retention and generating over 70% of new business from existing client expansion. All new buildings are certified to the BREEAM standard \u201cVery Good\u201d or higher, underscoring our commitment to sustainable development. CTP has Investment Grade ratings from S&amp;P: BBB (Stable), Moody\u2019s: Baa2 (Stable), and JCR: A- (Stable). For more information, visit CTP\u2019s website: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ctp.eu&amp;esheet=54536522&amp;newsitemid=20260515167813&amp;lan=en-US&amp;anchor=www.ctp.eu&amp;index=1&amp;md5=ae12c24f4c3be2f99284bd22b151eda2\" rel=\"nofollow\" shape=\"rect\">www.ctp.eu<\/a>.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\nCONTACT DETAILS FOR ANALYST AND INVESTOR ENQUIRIES:\n<br\/>Maarten Otte, Chief Investment Officer\n<br\/>Mobile: +420 730 197 500\n<br\/>Email: <a  href=\"mailto:maarten.otte@ctp.eu\" rel=\"nofollow\" shape=\"rect\">maarten.otte@ctp.eu<\/a><\/p><p>\nPavel \u0160vih\u00e1lek, Funding and IR Manager\n<br\/>Mobile: +420 724 928 828\n<br\/>Email: <a  href=\"mailto:pavel.svihalek@ctp.eu\" rel=\"nofollow\" shape=\"rect\">pavel.svihalek@ctp.eu<\/a><\/p><p>\nCONTACT DETAILS FOR MEDIA ENQUIRIES:\n<br\/>Email: <a  href=\"mailto:ctp@secnewgate.co.uk\" rel=\"nofollow\" shape=\"rect\">ctp@secnewgate.co.uk<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>AMSTERDAM&#8211;(BUSINESS WIRE)&#8211;Regulatory News:<br \/>\nCTP N.V. (\u2018CTP\u2019, \u2018the Group\u2019 or the \u2018Company\u2019), Europe\u2019s largest listed owner, developer and manager of logistics and industrial real estate by gross lettable area, announces that Moody\u2019s Ratings (\u2018Moody\u2019s\u2019)&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6646","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6646"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6646\/revisions"}],"predecessor-version":[{"id":6647,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/6646\/revisions\/6647"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}