ARTICLES LABELLED WITH TAG Dentons

Tatra Banka has announced the successful completion of a new syndicated financing for the consortium of YIT Slovakia and RSJ Investments.

Immobiliare Grande Distribuzione (IGD) has sold the Winmarkt Crinul Nou shopping centre, located in Alexandria, southern Romania, to a private Romanian investor, for €3.3 million.

CA Immo has successfully closed the sale of the office property Visionary in Holešovice, Prague 7, comprising approximately 25,500 sqm of gross lettable area.

BNP Paribas Bank Polska, mBank, and Santander Bank Polska have awarded a PLN 760 million (ca. €181.8 million) loan to finance the Noho One residential complex in Warsaw. Dentons law firm advised the banks.

Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.

Bogdan Papandopol, Partner and Head of Dentons’ Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector. 

CPIPG has announced further progress in the Group’s strategy to reduce leverage. CPIPG and its subsidiaries, CPI FIM SA and Czech Property Investments have signed a partnership agreement through which CPIPG is going to sell a 49% common equity stake in Vulcanion for €250 million to funds managed by Sona Asset Management.

Piotr Staniszewski, Partner, Real Estate, Dentons talked to Property Forum about the awareness of the PRS investors in Poland, planned legislative changes and the current financing conditions.

Property group NEPI Rockcastle has raised the equivalent of €143 million equity from its latest scrip dividend, corresponding to approximately 85% of the final dividend payment for 2022, while also completing a secured green financing of €200 million for a 5-year term with Erste Group Bank and Raiffeisen Bank.

Piotr Szafarz, Partner, Head of Real Estate in Poland and CEE, Dentons talked to Property Forum about the forecasts for the PRS market in Poland, the impact of the war in Ukraine on the European properties and the expected changes in financing conditions.