ARTICLES LABELLED WITH TAG loan

In early May, developer Mint Investments began preparatory works on the Metropolis residential project in the centre of Bratislava. Local lender Tatra banka has been selected by the company to provide a loan of €42 million for the construction of the project. The planned completion date of the project is Q4 2023.

Romania’s Vox Property Group says it secured €19.5 million in funding from CEC Bank that will be used to refinance other loans and to support ongoing projects in the country. 

Romanian Impact Developer & Contractor said it has secured two bank loans worth more than €13 million from Libra Bank to start new investments in the Greenfield residential project, located in northern Bucharest. 

Subsidiaries of Polish industrial developer MLP Group have secured a €73.4 million loan for financing its portfolio from a consortium of BNP Paribas Bank Polska and PKO Bank Polski.

pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €115 million to a fund managed by the Real Estate Group of Ares Management Corporation (Ares), which will utilise the proceeds for the acquisition financing of a logistics portfolio in Poland. pbb acted as arranger and sole lender under the facility.

pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €66.5 million for an office portfolio managed by GalCap Europe on behalf of an institutional client. The fund will utilise the proceeds for the refinancing of a mixed-use portfolio with assets in Budapest and Warsaw. pbb acted as arranger and sole lender under the facility.

The Black Sea Trade and Development Bank (BSTDB) has extended a €50 million loan to One United Tower S.A. to facilitate the development of business infrastructure in Romania. 

Speedwell and Erste Group Bank signed a financing agreement of €27 million for the development of MIRO, a Class A office project the company is building in the northern part of Bucharest.

Impact Developer & Contractor signed two mortgage loan agreements for properties, respectively for VAT financing, concluded with First Bank S.A, the company announced on the Bucharest Stock Exchange.

Aareal Bank has arranged and underwritten the refinancing of two logistics and industrial parks in premium locations in the Czech Republic on behalf of CTP. Aareal Bank acted as Mandated Lead Arranger, Sole Lender as well as Facility and Security Agent. The facility comprises a total commitment of approximately € 403.5 million with a loan term of 10 years.