Helaba Landesbank Hessen-Thüringen has provided a 300 mln. cross border acquisition and term loan facility to the Polonia II real estate fund. The eight year facility covers investments in major CE markets, including Poland, Czech Republic, Hungary and Slovakia. The Bank acted as Arranger and Underwriter via the "Northern and Central Europe" unit of its "International Real Estate Finance" division.
PPM Sp. z o.o., a subsidiary of AIB Capital Markets. AIB is Ireland's largest diversified financial service institution with strong presence abroad. The Fund II enables investors to take advantage of the growing opportunities in Poland and other CEE countries. Investments will be made through intermediate companies established in Luxembourg. Polonia I, the first Polish real estate investment opportunity run by AIB Capital Markets, is one of the most successful real estate funds in Poland. Since its inception, it has invested in a diversified portfolio of Polish and Hungarian properties with an estimated portfolio of 469 mln.
For more than a decade, Helaba has pursued a successful internationalisation strategy in real estate lending operations. In addition to the Bank's established markets in the USA, Great Britain and France, the target regions whose development is proactively pursued by Helaba are Central Europe and Scandinavia. Since the start of its activities in North and Central Europe in 2006, Helaba has provided financings of more than 1.7 bln., specializing particularly in acquisition financings and structured financings for international investors and investment funds.