Updated Oct 28, 2024
BNP Paribas Bank Polska Provides €13.5M Loan For Retail Portfolio In Poland
Galeria Sandomierz, Błonie 2, 27 600 Sandomierz, Poland
$13,500,000
Building Size
—
Asset Type
Retail
Closing
Nov 26, 2021
About this deal
AI
The loan transaction took place involving three retail properties in Poland. The properties include Galeria Sandomierz located at Błonie 2, 27-600 Sandomierz, Galeria Awangarda located at Józefa Bema 40 C, 11-200 Bartoszyce, and Eden Retail Park located at Jeleniogórska 40, 59-900 Łagów. These properties are part of the retail market in Poland.
Summary of transaction details:
- Property Type: Retail
- Loan Amount: €13,500,000
- Lender: BNP Paribas Bank Polska - Przemek Gdanski
- Landlord: Focus Estate Fund
- Market: Poland
The loan was provided by BNP Paribas Bank Polska, with Przemek Gdanski representing the bank in the transaction. The landlord in this deal was the Focus Estate Fund. The loan amount for this transaction was €13,500,000.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93