Globalworth and the consortium of banks Helaba and pbb have announced the signing of an agreement extending the bank financing for the office real estate portfolio by an additional 5 years. The initial loan of €100 million was granted in 2018 to finance multiple properties. The financing continues to be secured on a number of assets in Poland: Centrum Biurowe Lubicz, Tryton Business Park and Spektrum Tower.
Both parties express satisfaction with the agreement reached and declare their intention to continue cooperation in the future.
„We are extremely pleased with the extension of financing for our office real estate portfolio in cooperation with Helaba and pbb. This is a testament to the trust that those banks place in Globalworth’s stable market position and growth potential as a long-term investor, even in continuously challenging economic conditions. It also confirms the strength of our established partnership. This agreement will enable us to further strengthen our position in the commercial real estate market”, says Rafał Pomorski, Managing Director - Finance & Operations, Globalworth Poland.
The bank representatives also expressed satisfaction with the agreement reached and declared their intention to continue cooperating in the future.
„Helaba, as part of the consortium with pbb, is pleased to continue its partnership with Globalworth. The extension of financing is a testament to our trust in their business strategy and their potential to generate value for all parties involved", says Georg Blaschke, Head of Real Estate Finance CEE & Benelux at Helaba.
„This agreement confirms our commitment to financing projects with high growth potential in Poland. We believe that our partnership with Globalworth will bring benefits to both our institutions and the entire real estate sector”, says Dieter Knittel, Head of CEE at pbb Deutsche Pfandbriefbank.
