VeloBank grants Monting Development PLN 140 mln load for apartment building in Warsaw
VeloBank has provided PLN 140 mln in financing for the construction of Chłodna 35, a luxury apartment building in central Warsaw. The borrower is a company belonging to Monting Development Group. The project will include 54 apartments.
Located in Warsaw’s Wola district, the building will offer a wellness area with a spa, swimming pool, saunas, and fitness facilities, as well as concierge services and biometric access control. It will also include a shelter designed to high safety standards in consultation with specialists from the Military University of Technology.
The development also involves revitalizing part of Chłodna Street, adding greenery, and restoring the historic pavement. VeloBank said the financing supports its strategy of backing large residential projects by experienced developers.