Helaba finances two office buildings in Warsaw for IMMOFINANZ Group (PL)

IMMOFINANZ Group has received long-term refinancing of €80 million from Helaba for its Brama Zachodnia and IO-1 office buildings in Warsaw. In this transaction Helaba is serving as the lender, arranger and agent.

The modern, 14-story Brama Zachodnia office building is located in Warsaw's Ochota district and has approx. 24,000 m² of rentable space. The second property, the IO-1 with approx. 22,500 m² of rentable space, is situated in the Mokotów district in the southern part of the city.

Helaba and IMMOFINANZ Group see this transaction as a further demonstration of their successful and dependable cooperation. In 2011 they jointly financed the Silesia City Center and, in this way, created the foundation for expanding the region's most modern shopping center.

"Our cooperation with Helaba proved to be extremely professional last year, and we are now pleased to further expand this reliable basis", explains Eduard Zehetner, CEO of IMMOFINANZ Group.

Source: Immofinanz

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