Hypo Real Estate Bank International announced on Wednesday that it has provided a EUR 45 mln facility to Ablon Group, the AIM-listed developer and real estate investor in Central and Eastern Europe. The facility will be used to refinance a portfolio of two office buildings located in Budapest and an office building in Prague.
Hypo Real Estate Bank International announced on Wednesday that it has provided a EUR 45 mln facility to Ablon Group, the AIM-listed developer and real estate investor in Central and Eastern Europe. The facility will be used to refinance a portfolio of two office buildings located in Budapest and an office building in Prague.
Ablon Group was founded in Budapest in 1993. Since then the company has developed and invested in office, retail, logistics, hotel and residential properties across the CEE region. Its main focus has been on Budapest, Prague and Bucharest.