| Project Detail |
Location: Regional Project number: 55696 Business sector: Property and tourism Notice type: Private Environmental category: IESE Approval date: 11 Dec 2024 Status: Disbursing English-language PSD published: 10 Jan 2025 Provision of up to EUR 50 million equity investment in favour of MEREP 3 CEE CIV CommV (the CIF), a limited partnership incorporated in Belgium. The CIF will co-invest alongside Mitiska European Real Estate Partners 3 (MEREP 3), a closed-end limited partnership registered in Belgium, in commercial real estate assets located across CEE, including Poland, Romania, Bulgaria, Slovakia, and Czechia. Project Objectives The Project will enable the CIF to make equity and quasi-equity investments in real estate assets that will benefit from sustainability improvements, with the objective of achieving long-term capital growth deriving from its sustainability focus. The CIF will aim to achieve BREEAM certification on all assets starting 2028 and implement sustainable energy and resource solutions. |
