UnicreditBank Czech Republic & Slovakia and Demaco have signed a long-term loan agreement together for funding the project in Northern Moravia. Demaco informed about the contract on its LinkedIn page.
Demaco's new development project in Northern Moravia has secured financing. The company has signed a long-term loan agreement for funding the project with UniCredit Bank Czech Republic and Slovakia. The 8000 sqm project is a built-to-suit logistics space with additional facilities and has already been preleased to a blue-chip client.
“Demaco is pleased that we have been able to extend our base of financing partners by signing the first loan agreement with UniCredit Bank Czech Republic and Slovakia. This confirms that the financing partners are supporting our projects,” Demaco´s CFO Zdenek Raus comments on the signing of the loan agreement.
The transaction was supported by the White & Case LLP and RSP legal advokátní kancelář partners.
Sign up today for the latest news