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Varso Place loan extended

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Varso Place loan extended
Source: Adobe Stock

PKO Bank Polski and Erste Group Bank have joined the lenders refinancing Warsaw’s Varso Place office complex, boosting the credit facility by EUR 35 million to EUR 510 million under improved terms.

The original EUR 475 million loan, granted by a five-bank consortium to developer HB Reavis, was the largest non-portfolio commercial real estate…

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