ARTICLES LABELLED WITH TAG Erste Group

Property developer Prime Kapital has secured an €85.5 million refinancing facility from Erste Group for Argeș Mall, which opened in April 2024.

Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.

The Slovak commercial real estate market experienced a record-breaking first half of 2025, with investment volumes exceeding €500 million. This figure surpasses the total transaction volume recorded in the entire year of 2024, confirms Cushman & Wakefield.

Panattoni has secured financing for the construction of the third and final hall at Panattoni Park Warsaw West. The €10.2 million loan was granted by Erste Group Bank AG.

Erste Group Bank AG and Banco Santander S.A. announced that they have entered into an agreement for Erste Group to acquire a 49% stake in Santander Bank Polska Group S.A. for PLN 584 per share (approximately €6.8 billion) and a 50% stake in Santander Towarzystwo Funduszy Inwestycyjnych S.A. for approximately €0.2 billion from Santander Group. Together, this amounts to a total cash consideration of €7.0 billion.

President Donald Trump announced new import tariffs on all goods entering the US effective as of April 2, hitting equities, long term yields and CEE-based currencies. In response to these global tariffs, growth forecasts for 2025 and 2026 are being revised in the CEE, according to a report by Erste Group. 

As of December 20, 2024, the owner of Reico has changed. The new owner (shareholder) of Reico is Erste Asset Management GmbH. 

With a total loan amount of €168 million Helaba and Erste Group are financing the acquisition of the prime office tower Warsaw UNIT for the Swedish real estate company Eastnine AB. The loan term is for five years and Helaba is acting as co-arranger and agent for the transaction.

Ghelamco has sold its flagship development in downtown Warsaw – the Warsaw UNIT skyscraper at Rondo Daszyńskiego. It was acquired by the Swedish real estate company Eastnine AB for €280 million. This is the largest office market transaction that has been concluded in Europe this year.

Mitiska REIM has announced the opening of a new retail park in Pitești, the first of four new retail projects that the investor plans to open in Romania in the next two years.