Wing closes €100 million bond programme with oversubscription

13
Feb
2026
News - Wing closes €100 million bond programme with oversubscription #Bonds #Budapest #Financing #Germany #Hungary #Noah Steinberg #Poland #Report #Residential #Wing

by Property Forum | Report

Wing has successfully closed its €100 million bond programme launched last year with substantial oversubscription. The final tranche, with a nominal value of €34.8 million, attracted purchase orders totalling €57.64 million at a fixed annual interest rate of 6%.


With this transaction, Wing, one of Central Europe's leading real estate developers and investors, has strengthened its capital markets presence and initiated the listing of the bonds on the Budapest Stock Exchange.

"The successful completion of our €100 million bond programme, along with the strong investor demand for the three-year bonds issued at a 6% yield, clearly demonstrates investor confidence in our capital markets strategy and market position," said Noah Steinberg, Chairman & CEO of Wing.

Wing's strategy remains rooted in portfolio development, combined with an active development presence across the Central European region.

In 2025, Wing's Hungarian portfolio across the residential, office, industrial, hotel and retail segments was characterised by high activity levels and strong occupancy. Across all three countries, the Group placed emphasis on residential developments, which delivered performance, while simultaneously laying the groundwork for the next phase of growth. "Our objective remains to provide our partners with stable, transparent and predictable investment opportunities," the CEO added.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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