The Polish real estate finance landscape is undergoing significant transformation, driven by new regulatory frameworks, sustainability requirements, and evolving market dynamics. A recent panel discussion at Property Forum's Future of Real Estate 2025 conference in Warsaw featuring top banking and real estate experts revealed the complex challenges and opportunities facing the sector.

The Romanian real estate market stands at a critical juncture, balancing significant potential with complex regulatory challenges, according to leading industry experts who recently gathered to discuss the sector's future at our Bucharest Business Forum 2025.

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.

Globalworth and the consortium of banks Helaba and pbb have announced the signing of an agreement extending the bank financing for the office real estate portfolio by an additional 5 years. The initial loan of €100 million was granted in 2018 to finance multiple properties. The financing continues to be secured on a number of assets in Poland: Centrum Biurowe Lubicz, Tryton Business Park and Spektrum Tower.

Panattoni has obtained a loan from Alior Bank to support the expansion of its latest investment in the Lublin Voivodeship. The €14 million will be allocated to developing an 11,190 sqm build-to-suit (BTS) facility for one of the logistics operators.

Jolanta Sarnowska, Director of Real Estate Finance at BNP Paribas Polska, talked to Property Forum about the asset classes considered safe by banks in Poland, the impact of the ESG issues on financing availability and the current stance of the western investment funds.

Development financing in Slovakia has been challenging recently because of banks‘ high equity requirements and stringent pre-lease/pre-sale conditions, revealed panellists during a discussion at Bratislava Property Forum 2025 about property financing. On the good side, interest rates are expected to remain stable, with Slovakia's financing costs closer to Western Europe than Southern markets.

Torus has signed a €20 million facility agreement with PKO Bank Polski, Poland’s largest financial institution, securing financing for Punkt, its latest office investment in TriCity. DLA Piper facilitated the transaction, providing legal support.

Romanian developer Hexagon has secured a financing of over €18 million from Libra Internet Bank, for the development of a residential complex in Cluj.

Panattoni has secured €74.5 million in financing from PKO Bank Polski. The loan will support the development of Wrocław Campus 2 – one of the developer’s largest investments in Lower Silesia (southern Poland).