pbb and Helaba provide €63m for Prague office scheme (CZ)

pbb and Helaba provide €63m for Prague office scheme (CZ)

Deutsche Pfandbriefbank (pbb) and Helaba have jointly underwritten an investment facility, totalling €63m to refinance “Dock In Five” the last addition to the Dock project developed by Crestyl Group.

 

The award-winning Dock In Five offers 21,500m² of high-quality office and retail space spread over six floors. The property was completed in May this year and represents the final addition to the Dock scheme where Crestyl created a new vibrant district along the Vltava River anchored by residential apartments and including restaurants, cafés and even a public park with a marina.

 

The entire project Dock is designed in accordance with ESG principles. All office buildings feature the highest quality standard and LEED® certification as a testimony to being designed in consideration of energy efficiency, environmental protection, and quality of indoor spaces. The commercial element of the scheme consists of five modern class A office buildings built between 2013 and 2022.

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