News CTP secures €90 million financing from Erste Group in Hungary

CTP secures €90 million financing from Erste Group in Hungary

by Property Forum
CTP has signed a €90 million loan agreement with Erste Bank Hungary Zrt. and Erste Group Bank AG to finance 4 logistics and industrial assets in Hungary. The multi-borrower financing is for 7 years. EY Budapest and White&Case Prague advised and provided legal services for Erste Bank, while CTP Hungary was represented by Kinstellar Budapest.
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News Erste Group launches first instalment of loan for Cavatina in Wrocław

Erste Group launches first instalment of loan for Cavatina in Wrocław

by Property Forum
Erste Group Bank AG has granted a new loan to Cavatina Holding S.A., this time for the realization of Cavatina’s flagship project in Wroclaw. The financing, which was initiated back in October, will ultimately provide the Polish developer with funds for refinancing the costs of the Quorum D office building (up to €25 million) and for further financing of the Quorum A construction (up to €20 million), as well as an additional €3 million to cover VAT. The multifunctional Quorum complex, rising on the banks of the Oder River, is the largest project of its kind in the city.
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News NEPI Rockcastle concludes €200 million secure green financing

NEPI Rockcastle concludes €200 million secure green financing

by Property Forum
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.
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News Globalworth secures financing of €160 million 

Globalworth secures financing of €160 million 

by Property Forum
Property developer and investor Globalworth has secured new funding worth €160 million from Austrian Erste Group. 
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News Globalworth secures €160 million loan from Erste Group

Globalworth secures €160 million loan from Erste Group

by Property Forum
Globalworth announced the signing of two new facilities with Erste Group for an aggregate amount of €160 million. These facilities are part of the ongoing strategic management of our liquidity and debt management initiatives, further strengthening the company's liquidity position at attractive market terms.
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Latest news

New leases

  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.
  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.


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