News BSTDB grants €10 million for energy efficiency in Romania

BSTDB grants €10 million for energy efficiency in Romania

by Property Forum
The Black Sea Trade and Development Bank (BSTDB) has provided a loan worth €10 million to Garanti BBVA Consumer Finance. The funding will support residential investments in energy improvements and resource efficiency. 
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News BSTDB & Postbank to finance Sofia’s Marriott hotel

BSTDB & Postbank to finance Sofia’s Marriott hotel

by Import Sys
The Black Sea Trade and Development Bank (BSTDB) and Postbank (Bulgaria) will jointly provide €58.3 million (€32 million and €26.3 million, respectively) to help finance the construction of a Marriott hotel in Sofia, the first hotel of the international chain in Bulgaria. The 12-year loan will be extended to I Tower Development JSC, a special-purpose company set-up in Bulgaria. BSTDB acted as arranger of the deal. The operation aims at meeting the growing demand for high-quality business and tourist accommodation and conference facilities in the Bulgarian capital.
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Latest news

New leases

  • Two new contracts for the lease of office space in the Bonarka for Business complex in Kraków have been signed. Apollo Investments and SeproTec Multilingual Solutions have leased a total of 825 sqm of space.
  • Tenants of MLP Łódź will soon be joined by Bohnenkamp, a supplier of tyres and wheels. The company will occupy more than 6,000 sqm . The warehouse facility is scheduled for handover in late March this year. Supporting the tenant in the transaction was Axi Immo.
  • Orbis and Accor Services Poland have renewed lease agreements for a total of nearly 2,500 sqm in the Lumen office building in central Warsaw. In both transactions, the tenants were represented by the consulting firm Cushman & Wakefield.

New appointments

  • Aleksander Loster has been appointed as Director in Savills Poland investment team, headed by Mark Richardson since 2023. In his new role, he will be responsible for working with international investment funds during the sale and acquisition of retail, industrial, warehouse and alternative assets.
  • Piotr Wilewski joined Walter Herz Investment Advisory Department as Land Acquisition Manager. He is responsible for acquiring land projects, preparing analyses of investment potential and searching for ways to build real estate value.
  • GTC Group appoints two people to head up its shopping centres in Poland Anna Borecka will take over as director of Galeria Jurajska in Kraków. Meanwhile, Marek Ciszewski will take the helm at Galeria Północna in Warsaw.


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