ARTICLES LABELLED WITH TAG Bank Pekao

In one of the largest transactions on the Warsaw office market in recent months, HB Reavis has leased 18 floors (30,000 sqm) in the Forest skyscraper to Bank Pekao. The second-largest bank in Poland will become the main tenant of the building. 

Echo Investment has received a €65.6 million loan for the construction of three office buildings of Brain Park complex in Kraków. The financing of the project was provided by PKO Bank Polski as a loan agent as well as Bank Pekao S.A. acting as security agent.

Trei Real Estate just borrowed €27.5 million in its first financing arrangement with a Polish bank. The lending bank is “Bank Polska Kasa Opieki Spólka Akcyjna” (“Pekao”). Collateral for the loan was provided in the form of seven Vendo Parks in Poland, all of which were completed during the past twelve months. The loan has a five-year maturity. The debt capital is earmarked for further residential developments and the construction of additional Vendo Parks in Poland.

Echo Investment has gained a loan for the construction of three office buildings included in the multifunctional Fuzja project in Łódź. Bank Pekao S.A. provided financing for the investment.

GTC’s Polish flagship retail project was officially granted an investment loan facility in the maximum amount of up to €200 million. Under the original agreement, Bank Pekao S.A. granted a construction loan facility of up to €116 million.