Warsaw Spire €370 million refinancing

4/9/2017
Real estate finance, Refinancing

€ 370 million

$ 440.481 million

Completed

4/9/2017


Overview:

  • Ghelamco European Property Fund has refinanced the Warsaw Spire office complex via €370 million in new financing.
  • Helaba, Berlin Hyp and Deutsche Pfandbriefbank acted as lenders.
  • The complex consists of three buildings with 115,000 metres2 of floor space. It was completed in 2016.
  • The main tower (Warsaw Spire A) is 220 metres in height with the two auxiliary buildings (Warsaw Spire B and C) both 55 metres in height.
  • Warsaw Spire A is Poland's second tallest building.

Sam Duke - Editor

Jurisdiction:

Poland

Deal types:

Real estate finance
Refinancing

Practice area:

Real estate finance

Governing law:

Poland

Industry sector:

Real estate


Firms:

Party: Helaba (Lender)

Party: Deutsche Pfandbriefbank (Lender)

Party: Berlin Hyp (Lender)


Party: Ghelamco European Property Fund (Borrower)