mBank refinances seven Polish retail parks
18:53
Falcon Investment Management has secured EUR 52.1 million from mBank to refinance seven Polish retail parks operating under the OTO Park brand. The financing covers sites in Bolesławiec, Golub-Dobrzyń, Grodzisk Wielkopolski, Kępno, Żagań, Dęblin and Sandomierz. All seven properties are fully leased, an important consideration for lenders assessing the predictability of rental income. Falcon currently manages 11 OTO Park facilities across Poland and has projects in preparation. The deal highlights continued bank interest in well occupied convenience focused retail property.
Refinancing existing assets can provide owners with longer term financial flexibility without requiring the sale of buildings. For lenders, stable tenancy and established trading histories can help reduce uncertainty, although commercial property investment still carries economic and financing risks. Retail parks have remained an important segment of Polish real estate development, serving consumers seeking convenient shopping close to residential areas.