Globalworth and a consortium consisting of the Helaba and PBB banks have agreed to extend the bank financing of Globalworth’s office-property portfolio for another five years.
The initial loan of EUR 100 million was made in 2018 to finance multiple properties. The financing is still secured on several Globalworth assets in Poland: Centrum Biurowe Lubicz, Tryton Business Park, and Spektrum Tower.
“We are extremely pleased with the extension of financing for our office portfolio in cooperation with Halaba Bank and PBB,” said Rafal Pomorski, Managing Director – Finance & Operations, Globalworth Poland. “It is proof of the trust that banks have in the stability and potential of Globalworth as a long-term investor, also in the still challenging economic environment. It is also a confirmation of the proven partnership between us. This agreement will allow us to further strengthen our position in the commercial real estate market.”
“Halaba, in a consortium with PBB, is pleased to continue its partnership with Globalworth,” confirmed Georg Blaschke, Head of Real Estate Finance CEE & Benelux at Halaba. “The extension of the financing is proof of our confidence in their business strategy and the potential to generate value for all parties involved.”
“This agreement confirms our commitment to financing projects with high growth potential,” added Dieter Knittel, Head of CEE at PBB Deutsche Pfandbriefbank. “We believe that our continued partnership with Globalworth will benefit both our institutions and the entire real estate sector.”
