Deutsche Pfandbriefbank (pbb) has provided investment and VAT loans totalling €36 million to the AYA Properties Fund, which acquired an office building in Warsaw's Wola district.
The property is the Sienna Center office building in Warsaw's central business district, comprising 20,000 sqm of gross leasable office space leased to a diversified tenant mix.
Dieter Knittel, Head of REF CEE & Italy at Deutsche Pfandbriefbank, said: "We are pleased to support the AYA Properties Fund in the acquisition financing of the Sienna Center office building in Warsaw, and look forward to continuing our partnership."
Mateusz Siejka, Chief Investment Officer at AYA Properties Fund, added: "We hope this is just the beginning of our joint story. We want to invest more in our core markets."
The AYA Properties Fund is a Belgium-based investment fund owned by a multi-generational family, focusing on the CEE markets. The fund invests in office, logistics and residential properties at prime locations occupied by top tenants.