German lender Deutsche Hypo - Nord/LB Real Estate Finance said on Wednesday that it has financed the Big office property in Krakow, Poland, for Eika Real Estate Fund managed by the Lithuanian Eika Asset Management company.
The financing volume of approximately €18 mln is split into a property loan and VAT loan.
The property, which was completed in 2018, is a Grade A office building with five upper floors and two basement floors (underground car park), a green inner patio and a 200 m2 roof terrace. The space of almost 11,000 m2 is let to three companies with the main tenant being State Street Bank International. Big is located in the western part of Krakow and has been awarded a BREEAM New Construction Excellent certificate.
'We are pleased to have gained Eika Asset Management as a customer. With Big we are financing a modern, sustainable and conveniently located property,' said Beata Latoszek, head of the Warsaw Representative Office of Deutsche Hypo - Nord/LB Real Estate Finance.
