ARTICLES LABELLED WITH TAG loan

In addition to the existing investment facility with an overall amount of €118 million, pbb Deutsche Pfandbriefbank has provided a €40 million credit facility to the open-ended fund Reico ČS Nemovitostní, the biggest mutual real estate fund on the Czech market, managed by Reico.

CPI Property Group announced the signing of nearly €500 million of new secured bank loans in 3 CEE countries. CPIPG currently has new bank loans in Poland, the Czech Republic as well as Slovakia.

Basecamp Student has signed a facility agreement for refinancing their student housing project in Wrocław with a loan in the amount of €36 million, Colliers announced on LinkedIn.

pbb Deutsche Pfandbriefbank has provided a €117 million investment loan facility to a logistics fund managed by GLP Capital Partners (GCP). The fund will utilise the proceeds for the refinancing of the development of a logistics portfolio in Poland and the Czech Republic. pbb acted as arranger and sole lender under the facility.

Romanian developer One United Properties has obtained a loan of €20 million from Banca Transilvania for the for the completion of the One Cotroceni Park residential development in Bucharest. 

Arete Group has signed a loan agreement for more than €100 million with the consortium of Czech and Slovak banks – one of the largest banking groups in the Czech Republic and Slovakia - Česká spořitelna and Slovenská sporiteĺňa.  

December was the weakest month in 2022 in terms of sales and loans taken out to buy homes, local brokerage firm Duna House (DH) reports.

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.

Penta Real Estate has secured a bank loan of €74 million, or over CZK 1.8 billion, from two banks, ČSOB and Česká spořitelna, for the construction of the office part of the Nová Waltrovka project in Prague's Radlice district, the Czech News Agency reported.

Duna House Group (DHG), the largest real estate agency in the region decided to unify its landing brokerage activity by creating a single brand called Credipass.