Poland The Bridge secures millions

Under the terms of the loan agreement, Ghelamco will be granted a construction loan of nearly EUR 181 mln to finance or refinance construction costs, a loan to finance VAT in an amount not exceeding PLN 35 mln, and an investment loan (granted subject to conversion of the construction loan) of nearly EUR 185 mln.

The financing obtained will allow us to complete the construction of The Bridge in a timely manner, but also to maintain the highest level of finishing and the envisaged solutions. This will be the most technologically advanced and sustainable project in our company’s history. I believe that, like Warsaw Spire once did, The Bridge will become a benchmark for the Polish office market for years to come and will set the bar high.
Jarosław Zagórski, Managing Director, Ghelamco Poland

At the end of September, Santander Bank Polska became an anchor tenant of The Bridge skyscraper, which is under construction in the business center of Warsaw. The bank signed a lease agreement for an area of about 24,500 sqm (nearly 21,000 sqm of usable space on 19 floors), almost half of the office complex. It has been the biggest lease transaction on the Polish office market since 2022.

The Bridge is an office complex being built at Plac Europejski in Warsaw’s Wola district. The two buildings will provide a total of 52,000 sqm of office space. The development incorporates technological and environmentally friendly solutions, as evidenced by its SmartScore and WiredScore certifications with platinum ratings. It is also expected to achieve the highest ratings in WELL, BREEAM, the Green Building Standard, and the Barrier-Free Facility certification. The Bridge will be energy-neutral, powered exclusively by clean energy. Designed by the Dutch architectural firm UNStudio in cooperation with Projekt Polsko-Belgijska Pracownia Architektury, the project is scheduled for completion in Q1 2025.