NEPI Rockcastle gets €120 million ESG loan

11
Aug
2021
News - NEPI Rockcastle gets €120 million ESG loan #BRD #Garanti BBVA #NEPI Rockcastle #Romania #World Bank

by Property Forum | Investment

A banking consortium granted a €120 million sustainability-related loan to a company in the NEPI Rockcastle, NE Property BV Group. 


The loan facility has a repayment period of three years and may be extended for another two years, with an increase option up to €240 million. 

The green loan was provided by syndicate led by BRD – Groupe Société Générale S.A. and Garanti BBVA Romania. 

Law firm CMS advised the bank syndicate on the loan terms. 

NEPI Rockcastle’s property portfolio totaled €5.8 billion at the end of 2020, of which 35% was the share of Romania-based projects. The group manages 54 retail properties (excluding joint venture) in Romania, Poland, Slovakia, Bulgaria, Hungary, Czech Republic, Croatia, Serbia, and Lithuania. 

In early July, the company got a separate loan of €73.5 million from International Finance Corporation (IFC), a member of World Bank, in a bid to expand its sustainable business infrastructure in Romania.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy