Project Detail |
Project Description
The Bank participated in an equity investment of EUR 28.6 million in favour of Keystone CEE SCSp ("Keystone" or the "Company"), a special limited partnership incorporated in Luxembourg. Keystone owns an existing portfolio of prime operating office assets and development land plots in Central and Eastern Europe ("CEE"). The prime development land plots will be developed into prime Class A office buildings, increasing the operating leasable area of the portfolio, whereas secondary land plots will be sold to private investors.
Project Objectives
The Banks financing will be used to fund the acquisition and development of the portfolio assets located in Hungary, Slovak Republic and Croatia. |