Helaba provides a €75 million loan for Mokotów Nova in Warsaw (PL)

As Arranger and Sole lender, Helaba is providing a five year term loan in an amount of €75 million for the office property Mokotów Nova in Warsaw.

The Curzon Capital Partners III LP, a core-plus real estate fund advised by Tristan Capital Partners, recently acquired Mokotów Nova from the developer Ghelamco. Tristan Capital Partners is a London-based real estate investment management company with total assets of €3.5 billion under management.

Completed in 2012, Mokotów Nova is located in the heart of Warsaw’s modern Mokotów Business District. The complex consists of two interconnected buildings offering 40,000 m² of class-A office space and 1,000 underground parking lots. Mokotów Nova has achieved the BREEAM certification 'very good' for sustainable building design and is let to international tenants such as Oriflame, Hyundai Motor Poland, BMW, Medicover, LG Electronics Polska and Lego Poland.

For Helaba, this transaction further underlines its commitment towards the Central Europe real estate markets covering Poland, the Czech Republic and Slovakia. In Poland, Helaba has been continuously available for international investors and local clients since 2006.

Source: Helaba

Related News