ARTICLES LABELLED WITH TAG loan

News HB Reavis receives €175 million loan for Bratislava project
14
Jan
2019

HB Reavis receives €175 million loan for Bratislava project

by Property Forum
HB Reavis has received a syndicated loan of €175 million for the construction of the Nivy Station project in Bratislava. The loan is processed through a bank consortium of UniCredit Bank, Tatra banka, ČSOB and HYPO-BANK Burgenland, the transaction agent is UniCredit Bank. HB Reavis utilised the first part of the loan in December of 2018.
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News Golub GetHouse and Mennica Polska obtain €130 million loan
10
Jan
2019

Golub GetHouse and Mennica Polska obtain €130 million loan

by Property Forum
Golub GetHouse and Mennica Polska S.A. obtained financing for subsequent stages of the construction of Mennica Legacy Tower in Warsaw. More than €130 million of construction credit was granted by a consortium of three banks.
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News GTC refinances three projects with €95 million of loans
07
Jan
2019

GTC refinances three projects with €95 million of loans

by Property Forum
Just before the end of 2018, GTC S.A. signed €94.6 million new loan agreements certifying the financial solidity of the company. The refinancing was granted to three prime projects of the developer and asset manager – GTC White House in Budapest, FortyOne in Belgrade, and Artico in Warsaw.
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News PKO grants €186 million investment loan to EPP
06
Sep
2018

PKO grants €186 million investment loan to EPP

by Property Forum
PKO Bank Polski has granted an investment loan of €186 million to EPP for the refinancing of two assets, the Galeria Echo shopping centre in Kielce and the O3 Business Campus in Kraków.
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News Globalworth secures €46 million loan from BCR
23
Aug
2018

Globalworth secures €46 million loan from BCR

by Property Forum
Globalworth has secured a €46 million loan from BCR, which will be used for developing Connected, Renault’s new HQ in Bucharest.
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News Globalworth aggress on €400 million loan for GPRE
17
Apr
2018

Globalworth aggress on €400 million loan for GPRE

by Import Sys
Globalworth has announced the execution of a second loan agreement with its subsidiary, Globalworth Poland (GPRE). The loan is being made available to GPRE for a refinancing of the existing financial indebtedness of GPRE and its subsidiaries and the potential acquisition of two new assets currently under due diligence while offering a more flexible capital structure for the expansionary phase that GPRE is in.
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News BSTDB & Postbank to finance Sofia’s Marriott hotel
17
Apr
2018

BSTDB & Postbank to finance Sofia’s Marriott hotel

by Import Sys
The Black Sea Trade and Development Bank (BSTDB) and Postbank (Bulgaria) will jointly provide €58.3 million (€32 million and €26.3 million, respectively) to help finance the construction of a Marriott hotel in Sofia, the first hotel of the international chain in Bulgaria. The 12-year loan will be extended to I Tower Development JSC, a special-purpose company set-up in Bulgaria. BSTDB acted as arranger of the deal. The operation aims at meeting the growing demand for high-quality business and tourist accommodation and conference facilities in the Bulgarian capital.
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News Futureal Group and K&H Bank sign €34 million credit agreement
08
Mar
2018

Futureal Group and K&H Bank sign €34 million credit agreement

by Import Sys
Futureal Group signed a credit agreement of €34.2 million with K&H Bank in order to finance the realization of the Advance Tower office building located in Budapest, Hungary. The first phase of the office complex, receiving the international WELL Building Platinum Precertification, is expected to be handed over in the second quarter of 2018.
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News Hystead to receive €164 million in loans from EBRD and IFC
28
Feb
2018

Hystead to receive €164 million in loans from EBRD and IFC

by Import Sys
The EBRD and IFC, a member of the World Bank Group, are boosting the retail sector in Serbia, Montenegro and FYR Macedonia with €164 million in loans to the investment firm Hystead.
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News pbb provides €41 million loan for Prague business parks
17
Jan
2018

pbb provides €41 million loan for Prague business parks

by Import Sys
pbb Deutsche Pfandbriefbank provided an investment facility of €41.4 million to companies owned by a professional private real estate investor and managed by development and investment company Amesbury s.r.o. The funds will be used to refinance the Zlicin and Chrastany business parks near Prague. Thereby pbb extended the maturity of its financing by another five years. The transaction closed in December 2017.
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Latest news


New leases

  • The Mobile Vet and Mobile Pet chain has leased space in Bucharest-based One Cotroceni Park for the opening of a new veterinary clinic and pharmacy in which it has invested around €500,000. The transaction was brokered by Cushman & Wakefield Echinox.
  • The Skechers chain has opened a new store in Manufaktura in Łódź. It has the size of 150 sqm.
  • IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. The company occupies 3,600 sqm there. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne (470 sqm).

New appointments

  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).
  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.

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