PKO grants €186 million investment loan to EPP
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.
Galeria Echo remains one of the biggest developments in the EPP portfolio being a well-established regional shopping centre and the most dominant retail destination in Kielce. The centre houses over 250 retailers, including many well-known Polish and foreign brands, over an area of 71,650 sqm. The centre also includes a twelve-lane bowling alley and the biggest fitness centre in the region, as well as a seven-screen cinema, restaurants, cafés and other service points.
O3 Business Campus is a Class A office complex in Kraków. The development includes three twelve-storey buildings with a total area of 57,000 sqm. The list of tenants includes KPMG, Epam, Ecolab, HCL Poland, Genpact, Hedgeserv Holding, Orlen Oil, IAG Global Business Services and City Space.