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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
ECE refinances in Czech; e210m Sofia mall on track
German retail mall developer ECE has refinanced a significant share of its 25% equity investment in the Arkády Pankrác mall in the Czech capital of Prague on a long-term basis with e20m in debt from Berlin Hyp. CEO Alexander Otto said ECE has already concluded financing of new construction in Oldenburg and Dortmund in Germany, and the refinancing of Arkády Pankrác affirms positive signals in eastern Europe. In partnership with Austria's Sparkassen Immobilien, ECE is pressing ahead with its e210m Serdika Center in Sofia, one of the biggest shopping and office centres in SEE with over 51,000 sq.m. of retail space.