Join Craig Smith and Winston Norman on the Coffee with Craig Show for your daily dose of CRE news in the CEE region, brought to you by EuropaProperty.com.
One United Properties secures €47 million bank financing
Romanian developer One United Properties has secured a €47 million loan from Banca Transilvania. The company will use the funds to fully repay the existing credit contracted by the company in 2021 from the Black Sea Trade and Development Bank for the development of the One Tower office building, part of the One Floreasca City mixed-use scheme.
“We are also committed to meeting the growing demand for sustainable office spaces through the development of new offices,” said Andrei Diaconescu, Co-Founder and Co-CEO of One United Properties.
EBRD invests in Dekpol’s bond issuance in Poland
EBRD has invested PLN 43 million (€10 million equivalent) in bonds issued by Dekpol S.A, a Polish manufacturing and construction group. The Bank has participated in a private placement of a PLN 225 million bond issuance, targeted at green investments (among other activities) that support Dekpol’s transition to carbon neutrality.
At least 50 percent of the EBRD’s investment proceeds will be used specifically to finance green investments that help reduce Dekpol’s operational carbon emissions. The investments will include the construction of a photovoltaic farm, the installation of more energy-efficient machinery, the rollout of green products and the construction of BREEAM-certified, energy-efficient buildings.
Katarzyna Szymczak-Dampc, Vice President of the Management Board and CFO at Dekpol commented: “We are extremely honoured to have a renowned institution such as the EBRD among our investors. It is a clear indication that the Group’s actions and plans in ESG-related areas are moving in the right direction.”
Natek Poland opens new office in Wrocław
Natek Poland, a provider of IT and outsourcing services, has opened a new office in the Infinity office building in Wrocław. Natek’s new Wrocław office is the company’s second branch to open in Poland in recent months. In February Natek celebrated moving its Polish headquarters to the Q22 office building in Warsaw.
“Our latest 2024 report shows the rapid growth of the IT sector in this region is being driven by the rapid acceptance of new technology and the availability of skilled labour”, adds Jana Kruzliakova, VP for Sales & Marketing, and Board Member of Natek.
Natek is growing rapidly in the CEE region. At the end of 2023, the company opened a larger office in Sofia, it also opened in Bratislava at the beginning of May. By the end of 2024, the company’s offices in the Olivia Four building in Gdańsk will undergo renovations and Natek is also to open an office in Koszyce.
Panattoni launches its fifth project in Szczecin
Panattoni has launched construction on a new project in northern Poland. Panattoni Park Szczecin V is expected to reach a size of 30,000 sqm and already has its first tenant, a company from the catering industry that has leased 8,600 sqm.
Szczecin is commonly regarded as the gateway to Western and Northern Europe and due to its strategic location with easy access to all modes of transportation it is regarded as an attractive place to do business internationally.
“Our latest project in Western Pomerania, will allow tenants to effectively run operations such as logistics, e-commerce, warehousing and light manufacturing”, says Weronika Mioduszewska, an Associate Leasing Director at Panattoni.
