According to DLA Piper, the portfolio comprises three major shopping centers in Belgrade, Usce, BEO, and Mercator, and represents the largest real estate refinancing transaction completed in Serbia to date.
Futureal Group has secured a EUR 165 million refinancing from a syndicate of lenders, including Erste Bank Hungary, Erste Group Bank, and UniCredit Bank Hungary, for Etele Plaza.
HB Reavis has announced it refinanced the Varso Place project in Warsaw for a five-year term for a total of GBP 445 million, with the existing credit consortium of five banks being supplemented by PKO Bank Polski and Erste Group Bank.