A club of banks led by Tatra Banka has provided a syndicated loan of EUR 168 million to JTRE to finance the Downtown Yards residential project in Bratislava.
Tatra Banka served as agent and arranger on the financing, in which Slovenska Sporitelna, UniCredit Bank Czech Republic and Slovakia, and Vseobecna Uverova Banka participated.
JTRE is a European real estate developer based in Bratislava. According to the Dentons law firm, which advised the lenders on the deal, the Downtown Yards project is a flagship green residential development located in a modern urban district near the Danube. The first stage of the project is expected to be completed in 2026-2027.
The Relevans law firm advised JTRE on the financing.