With a total loan amount of €168 million Helaba and Erste Group are financing the acquisition of the prime office tower Warsaw UNIT for the Swedish real estate company Eastnine AB. The loan term is for five years and Helaba is acting as co-arranger and agent for the transaction.
Eastnine AB invests in modern and sustainable office properties in prime locations in the Baltic States and Poland. The company aims to become a significant real estate owner with a portfolio in prime locations and to further expand its real estate portfolio in Poland.
Warsaw UNIT tower with its 202 meters has 46 floors with 59,800 sqm and 400 underground parking spaces. It is located in a prime downtown location in Warsaw. The fully let building was completed in 2021 is certified as 'Outstanding' in the BREEAM system.
Helaba is active in Central Eastern Europe for close to 20 years while Poland is among the bank's most important target markets abroad.
Georg Blaschke, Head of Real Estate Finance CEE and Benelux at Helaba commented: "The office market in Warsaw is still one of the most dynamic markets in Europe despite the flexible working situation. Outstanding projects like Warsaw UNIT are attractive for tenants due to their prime location and highest ESG standards and offer employees the most modern office space fit-outs. We are very pleased to finance the transaction for our relationship client Eastnine AB together with our partner Erste Group."
