EQS-News: IMMOFINANZ signs Green Loan for Warsaw Spire

EQS-News: IMMOFINANZ AG / Key word(s): Financing/Real Estate
IMMOFINANZ signs Green Loan for Warsaw Spire

06.11.2024 / 14:25 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Press Release | Corporate News 
Vienna, 6 November 2024

 

IMMOFINANZ signs Green Loan for Warsaw Spire

 

On 6 November, IMMOFINANZ signed a new five-year, EUR 180 million green
loan with Helaba, pbb Deutsche Pfandbriefbank and Berlin Hyp, secured by
myhive Warsaw Spire, one of the tallest modern office towers in the
capital of Poland with GLA of more than 71,000 sqm and a BREEAM Excellent
certification. The green loan replaces a previous financing that was due
to mature in January 2025.

Helaba, pbb Deutsche Pfandbriefbank and Berlin Hyp served as joint lead
arrangers and provided the financing in equal parts, with Helaba acting as
the facility and security agent for the transaction.

“This green loan reflects the landmark quality of Warsaw Spire and
significantly reduces our short term debt,” said Pavel Měchura, member of
the IMMOFINANZ Executive Board. “We are grateful for the continued support
of our long-standing banking partners.”

For more information on myhive Warsaw Spire visit [1]our website.

 

On IMMOFINANZ
IMMOFINANZ Group is a commercial real estate group whose activities are
focused on the office and retail segments of eight core markets in Europe:
Austria, Germany, Poland, Czech Republic, Slovakia, Hungary, Romania and
the Adriatic region. The core business covers the management and
development of properties, whereby IMMOFINANZ relies on its established
real estate brands – STOP SHOP (retail), VIVO! (retail) and myhive
(office) – and also on complementary products and portfolios that include
S IMMO. S IMMO is a fully consolidated subsidiary of IMMOFINANZ Group.
IMMOFINANZ Group owns roughly 490 properties with a combined value of
approximately EUR 8.2 billion. The company is listed on the stock
exchanges in Vienna (leading ATX index) and Warsaw. Further information
under: [2] https://www.immofinanz.com

 

On Helaba
One of the leading banks in the German financial capital of Frankfurt, the
Helaba Group employs approximately 6,600 people and has total assets of €
206 bn. Helaba is a full-service bank closely incorporated in the German
Sparkasse organisation. It provides a comprehensive range covering the
whole of the value chain from finance, design and development to the
operation of top end properties. Helaba also offers a host of attractive
participation opportunities for institutional investors. Real estate
business is not only one of the Bank’s core business areas, but commercial
real estate finance is one of its strongest areas and is consistently
regarded in national and international financial markets as one of the
most successful thanks to its outstanding expertise, an intelligent risk
profile and a compelling proposition.

 

On pbb Deutsche Pfandbriefbank
pbb Deutsche Pfandbriefbank (www.pfandbriefbank.com) is a leading European
specialist lender for commercial real estate finance in Europe and the
United States of America. pbb is a major issuer of Pfandbriefe, which
makes it also an important player in the European covered bond markets
overall. pbb’s shares are listed on the Frankfurt Stock Exchange.

 

On Berlin Hyp
Berlin Hyp is a wholly owned subsidiary of LBBW and specialises in
large-volume real estate financing for professional investors and housing
companies. It also provides German savings banks with a comprehensive
range of products and services. Sustainability has been a central
component of the Bank’s business strategy for years. It plays a pioneering
role on the capital market in the development of sustainable refinancing
products. At the same time, the Bank also promotes the financing of
sustainable real estate in order to help drive the transformation of the
real estate market and contribute to achieving the goal of climate
neutrality. Berlin Hyp’s clear focus, more than 155 years of experience
and the ability to actively shape digital transformation in the real
estate sector characterise the Bank as a leading German real estate and
Pfandbrief bank.

 

 

For additional information contact:

IMMOFINANZ
Simone Korbelius
Investor Relations and Corporate Communications
T +43 (0)1 88 090 2291
M +43 (0)699 1685 7291
[3]communications@immofinanz.com
[4]investor@immofinanz.com

Helaba
Marco Pfohl
Communications & Marketing
T +49 (0)69 9132 4162
M +49 (0)151 156 41 240
[5]marco.pfohl@helaba.de

pbb Deutsche Pfandbriefbank
Sebastian Zehrer
Communications, IR & Marketing
T +49 (0)89 2 88011841
sebastian.zehrer@pfandbriefbank.com

Berlin Hyp
Elisabeth Jenne
Communications & Marketing
T +49 30 25995024
M +49 174 2407825
[6]elisabeth.jenne@berlinhyp.de
[7]presse@berlinhyp.de

 

IMMOFINANZ
1100 Vienna, Wienerbergstraße 9, Austria
www.immofinanz.com

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06.11.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 9
1100 Vienna
Austria
Phone: +43 (0) 1 88090 – 2291
Fax: +43 1 88090 – 8291
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000A21KS2
WKN: A2JN9W
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Munich,
Stuttgart, Tradegate Exchange; Warschau, Vienna Stock
Exchange (Official Market)
EQS News ID: 2023153

 
End of News EQS News Service

2023153  06.11.2024 CET/CEST

References

Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=0509189a598b9c653cdb05f2c06acb23&application_id=2023153&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=80e0770945341ce94336a25dcef56fde&application_id=2023153&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. communications@immofinanz.com
4. investor@immofinanz.com
5. marco.pfohl@helaba.de
6. elisabeth.jenne@berlinhyp.de
7. presse@berlinhyp.de