ARTICLES LABELLED WITH TAG loan

News pbb provides €117 million loan to GLP Capital Partners in CEE
05
Apr
2023

pbb provides €117 million loan to GLP Capital Partners in CEE

by Property Forum
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.
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News One United Properties gets loan for resi project in Bucharest
13
Mar
2023

One United Properties gets loan for resi project in Bucharest

by Property Forum
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. 
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News Arete Group secures €100 million loan
31
Jan
2023

Arete Group secures €100 million loan

by Property Forum
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.  
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News Decline in residential transactions continues in Hungary
02
Jan
2023

Decline in residential transactions continues in Hungary

by Property Forum
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.
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News Globalworth secures €160 million loan from Erste Group
23
Dec
2022

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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News Penta secures €74 million loan for Prague office project
28
Nov
2022

Penta secures €74 million loan for Prague office project

by Property Forum
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.
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News Duna House introduces unified landing brand in CEE 
07
Oct
2022

Duna House introduces unified landing brand in CEE 

by Property Forum
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. 
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News Zeitgeist AM secures €113 million refinancing from Česká spořitelna
17
Aug
2022

Zeitgeist AM secures €113 million refinancing from Česká spořitelna

by Property Forum
Zeitgeist Asset Management has obtained a loan from Česká spořitelna for the largest ever refinancing of its portfolio in the amount of €113 million (CZK 2.7 billion). In total, it concerns 23 properties with a total value of €220 million, located in various Prague locations. These are mainly residential properties with apartments for rent and private campuses for student accommodation.
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News Demaco secures loan from UnicreditBank
17
Jun
2022

Demaco secures loan from UnicreditBank

by Vera Tumova
UnicreditBank Czech Republic & Slovakia and Demaco have signed a long-term loan agreement together for funding the project in Northern Moravia. Demaco informed about the contract on its LinkedIn page.
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News EU Space Programme Agency may move to Prague's Palmovka
23
May
2022

EU Space Programme Agency may move to Prague's Palmovka

by Property Forum
The EU Space Programme Agency (EUSPA) could become the first tenant after the completion of a dilapidated building in the centre of Prague's Palmovka district. The Prague City Council plans to approve the terms of a key contract in June that will kick-start preparations for the completion and ensure the agency moves into the building. Deník E15 reports that Petr Hlaváček, Prague's deputy mayor for territorial development, confirmed the news.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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