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Lesser Poland Voivodeship

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Office

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Saska 25, 33 332 Kraków, Po...

Updated Feb 16, 2024

PKO BP Provides €36M Loan For Office Building In Kraków, Poland
FINANCEDOffice

PKO BP Provides €36M Loan For Office Building In Kraków, Poland

Saska 25, 33 332 Kraków, Poland

$36,000,000

Building Size

Asset Type

Office

Closing

Jan 26, 2022

About this deal

AI

The office property located at Saska 25, 33-332 Kraków in Poland has been involved in a recent loan transaction. The loan amount for this transaction is €36,000,000. The lender for this loan is PKO BP, represented by Agata Gola.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: €36,000,000
  • Address: Saska 25, 33-332 Kraków
  • Market: Poland

This loan deal involves Cain International, represented by Daniel Harris, and White Star Real Estate, represented by Bartek Prytula. They act as the landlords for the property.

Players

PKO BP
PKO BPLender

Krakow Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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