Wilanów development gets EUR 61 mln funding
Investment & financeschedule 03 July 2014
Royal Wilanów will be put into operation in August 2015
1 / 1
POLAND Capital Park, the investor of the Royal Wilanów office project, located at the junction of ul. Klimczaka and ul. Przyczółkowa in Warsaw, has got a loan from PKO BP to further develop the project. “We have reached the required level of commercialization of the facility, and met the requirements over our deposit, which has paved the way for us to get the first tranche of funding. The total amount of the loan granted by PKO Bank Polski amounts to EUR 61.1 mln,” informed Michał Majewski, treasury manager of Capital Park.
The construction of the Royal Wilanów started in August 2013. Currently, the vertical elements of the construction are being installed at the ground level. The five-storey building will accommodate nearly 29,800 sqm of office space and Capital Park will be one of its tenants. The project will be put into operation in August 2015. The building will also offer over 6,900 sqm of retail and service space, which will be housing the Piotr i Paweł grocery store, the Bierhalle brewery and restaurant,
Already have an account? Log in
52% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
EXPO REAL 2025: From survival mode to selective recovery
EXPO REAL 2025: From survival mode to selective recovery
Axi Immo
This year’s EXPO REAL in Munich marked a noticeable shift in tone across industry conversations. Following a period of uncertainty and postponed investment decisions, the com ...
Are lease agreements in retail parks still triple-net?
Are lease agreements in retail parks still triple-net?
CMS
The lease agreements concluded for retail parks increasingly feature solutions that differ from the classic Triple Net Lease agreements, particularly as regards the settlement of o ...
Flex market picks up momentum
Flex market picks up momentum
Walter Herz
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...