pbb Deutsche Pfandbriefbank, Helaba and ING Bank have jointly underwritten an investment facility, totalling €163.6 million, to refinance Karolinka, Pogoria and Platan Shopping Centres in Poland. The assets are owned by Rockcastle Global Real Estate Company Limited. The transaction closed in September 2016. pbb Deutsche Pfandbriefbank, Helaba and ING Bank are acting as Joint Lead Arrangers providing equal portions of the funding, with pbb acting as facility and security agent of the transaction.
The shopping centre portfolio is located in the Silesian region. Each centre is anchored by an Auchan hypermarket and the tenants include numerous international fashion brands. Karolinka Shopping Centre in Opole with a total lettable area of approx. 70,000 sqm is the dominant mall in the region Pogoria Shopping Centre is a modern urban centre located in Dabrowa Gornicza and has a total lettable area of approx. 36,000 sqm. Both assets were built in 2007. Platan Shopping Centre is centrally located in the town of Zabrze. It opened in 2003 and provides more than 25,000 sqm of lettable area.
