LCP Poland secures €40 million refinancing

18
Nov
2025
News - LCP Poland secures €40 million refinancing #Erste Group #Financing #M Core #Poland #Refinancing #Retail #Shopping Centre

by Property Forum | Retail

LCP Poland, part of M Core, has signed a €40 million loan agreement with Erste Group Bank AG for the refinancing of the Emka Koszalin shopping centre, the company announced on LinkedIn.


The transaction marks a milestone for the company and reflects months of commitment and cooperation across all teams involved. "This achievement marks an important milestone and reflects many months of commitment, expertise, and close cooperation across all teams involved," the company stated.

The deal represents the beginning of a business partnership between LCP Poland and Erste Group Bank AG in Poland. The collaboration builds on existing cross-border lending cooperation that began in Romania with the launch of M Core in that market.

Dentons provided legal support for the transaction, with team members including Bartosz Nojek, Jakub Zienkiewicz, and Krzysztof Chlebowski. KNP also contributed legal expertise through Milena Nowosielska and Bartosz Lewandowski.

The LCP team involved in the transaction included James Fife, Benjamin Lee, Piotr Polakowski, Monika Korytowska, Joanna Zdyb, Joanna Hubko, Ireneusz Turczyński, Karolina Piasecka, Przemysław Czesław Wysocki, Michał Grochala, Tomasz Lichnerowicz, and Anna Wojtczuk.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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