CTP secures €403.5 million refinancing from Aareal Bank
Aareal Bank has arranged and underwritten the refinancing of two logistics and industrial parks in premium locations in the Czech Republic on behalf of CTP. Aareal Bank acted as...
Category: Finance
Helaba to finance prime office complex Churchill Square in Prague
Helaba is providing a loan of more than €100 million to finance the acquisition of the Churchill Square office project in Prague. The buyers are the Czech real estate...
EBRD supports expansion of Warsaw’s metro
Warsaw inhabitants will benefit from the expansion of the city’s metro network – a project that the European Bank for Reconstruction and Development (EBRD) and ING are supporting by co-financing...
CTP Group changes its finance department structure following a successful green bond issue
European commercial real estate developer CTP has changed the structure of its finance department. The company is responding to the success of CTP B.V.’s debut green bonds issue and...
pbb reports slightly higher year-on-year third quarter pre-tay profit of €75 million – concerns persist about developments on real estate markets
pbb Deutsche Pfandbriefbank achieved a profit before taxes of €75 million in the third quarter of 2020, slightly exceeding the previous year’s period (consolidated figures in accordance with IFRS;...
EBRD unveils proposal to be majority green bank by 2025
The European Bank for Reconstruction and Development (EBRD) has unveiled an ambitious plan to scale up even further its climate and environmental finance and its work supporting a green,...
EBRD and UNWTO boost tourism recovery
The rapid spread of coronavirus has had a massive impact on many sectors of the global economy, with tourism being among the hardest hit. The European Bank for Reconstruction and Development...
EBRD supports first concession project in Ukraine
The first-ever concession project in Ukraine, structured in line with best international practise, was signed today. The consortium of RISOIL, Ukraine’s leading stevedoring and agro-industrial company, and the Georgian Industrial Group, the largest industrial holding in Georgia, was awarded a...
Rouble and valuation losses from COVID-19 pandemic hamper growth projections
The Warimpex Group posted a record profit of EUR 66.5 million in the 2019 financial year. Now, the outbreak of the COVID-19 pandemic around the world has caused a...
Wing raises €156 million for further expansion
In order to expand its investment portfolio and implement its growth strategy, Hungarian investor-developer Wing has raised €156 million (HUF 54.7 billion) within the framework of the Central Bank of...
Contera secures €155 million loan from two banks – EuropaProperty
Czech industrial developer Contera obtained a syndicated loan from ČSOB and Komerční banka in the total amount of €155 million. Most of the funds will be committed to refinancing...
Griffin Real Estate strengthens its private equity arm – EuropaProperty
At the beginning of May, Tomasz Mrowczyk has joined the Griffin Real Estate team. He has been appointed Senior Partner. At Griffin, Tomasz is responsible for the development of...
