Retail parks and resi projects are willingly financed by banks

04
Apr
2025
News Article BNP Paribas financing interview Poland

by Michał Poręcki | Interview

Jolanta Sarnowska, Director of Real Estate Finance at BNP Paribas Polska, talked to Property Forum about the asset classes considered safe by banks in Poland, the impact of the ESG issues on financing availability and the current stance of the western investment funds.


For which projects do developers currently need financing most often? Which asset classes does BNP Paribas Bank Polska consider to be the most secure?

We are currently seeing a lot of interest in project financing in all segments of the real estate market, although the proportions have changed a little compared to previous years. Fewer new projects are being launched in the logistics and office sectors. In these areas, we most often see enquiries for refinancing or financing the purchase of existing assets.

In contrast, in the case of new projects, we have already seen high activity in the retail and residential sectors for several years. In the case of broadly defined residential projects, investors have become particularly active with an interest in the rental housing market (PRS) and the private student accommodation market. These are relatively young sectors compared to the others but are increasingly and willingly financed by banks.

At BNP Paribas Bank Polska, we are open to real estate financing in most asset classes. Location is key in our assessment and, in the case of rental projects, we also pay attention to the mix and quality of tenants, the length of leases and the investor's experience, among other factors. Regardless of the asset class, if the criteria listed are acceptable to us, we try to adjust the financing structure for the property in such a way that it is as close as possible to our customers’ expectations and, at the same time, in our opinion, safe for the bank.

Article continues

To continue reading the article, sign-in. If you don't have an account, register now!




Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.


Latest news

News Hungarian gov't to offer preferential 3% loan for first-time home buyers
03
Jul
2025

Hungarian gov't to offer preferential 3% loan for first-time home buyers

by Forum Property
Hungarian Prime Minister Viktor Orbán has announced a new 3% subsidised loan scheme for first-time home buyers. While the government frames it as a major step towards affordable housing, critics warn it may further fuel price increases without addressing underlying supply issues.
Read more >
News BE Mixer prepares next networking event in Warsaw
03
Jul
2025

BE Mixer prepares next networking event in Warsaw

by Forum Property
On July 15, the Warsaw Trade Tower will host BE Mixer: Mid-Summer Night 2025, an exclusive evening networking event for real estate professionals who stay active while others vacation. Organised by PropertyTalents, the event will bring together 100–150 top developers, investors, PropTech leaders, and market decision-makers in a relaxed, high-level setting. Property Forum is a media partner of the event.
Read more >
News Romanian construction faces potential slowdown in H2 2025
03
Jul
2025

Romanian construction faces potential slowdown in H2 2025

by Forum Property
Romania's construction sector began 2025 with robust growth, but experts from Colliers are now forecasting a significant slowdown in H2 2025. 
Read more >


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

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2025 | Terms & conditions | Privacy policy