ARTICLES LABELLED WITH TAG Apsys

Linklaters has advised Nhood and Ceetrus on their partnership with Apsys, which aims to transform the commercial market in Poland by initiating innovative and sustainable development projects. Their first cooperation will be Wilanów Park shopping centre in Warsaw. 

Retail developer Apsys Polska has started preparing its first residential project, which will be built in Warsaw’s Mokotów area in a joint venture with an undisclosed partner.

Apsys has refinanced the Centrum Posnania retail asset with a 10-years maturity, €300 million senior loan from Allianz - completed by Allianz Real Estate on behalf of several Allianz companies - and that it now owns 100% of the 100,000 sqm property in Poznan, Poland.

Apsys has secured the long-term refinancing of Posnania, its flagship project in Poznan, with Berlin Hyp AG, ING Bank Śląski S.A., Société Générale and Deutsche Postbank AG. This refinancing amounting to €260 million in total is one of the largest ever granted in commercial real estate in Central Europe. The project's initial financing during the development phase in 2014 already set a record in this area.