5:26 24 October 2024
Ghelamco secures The Bridge financing
Ghelamco has secured nearly €181 million in bank financing from Santander Bank Polska for The Bridge office complex in Warsaw’s business center. The funding covers construction and refinancing costs, with an additional VAT loan of PLN 35 million. Upon completion, the construction loan will convert into an investment loan of nearly €185 million. Santander, the project’s strategic tenant, signed a lease for 24,500 sq m, making this the largest office lease in Poland since 2022. The 40-story skyscraper, set for completion in early 2025, will meet high environmental standards, including SmartScore, WiredScore, WELL, and BREEAM certifications. Ghelamco aims for an energy-neutral, sustainable development.
