HB Reavis with €25 million refinancing loan for GBC

Slovakian developer HB Reavis has sign an agreement with lender BZ WBK for a refinancing facility totaling €24.9 million for the construction of building B of Gdański Business Center. In May of this year, BZ WBK granted the developer a €46.8 refinancing loan for the construction of building A of the same complex. The complex, located at the intersection of ul. Andersa and ul. Inflancka, in the northern part of Warsaw’s city center, consists of four buildings. Two of them, building A and B totaling 46,000 sqm of GLA, have been delivered in the first half of the year. The remaining two have been under construction since July 2014. They are scheduled to be delivered in Q1 2016.