ECO HB Reavis receives credit for building of office in Bratislava

Buildings A, B and C in the Twin City complex in Bratislava, visualization
Buildings A, B and C in the Twin City complex in Bratislava, visualization
HB Reavis obtained a credit from Československá obchodná banka of the value of 43 million euro for financing of the building of the Twin City B office in Bratislava.

The Twin City B building, which is being realized by HB Reavis, is going to offer 22 000 sq. m of office area class A and 1000 sq. m of commercial and service area located in the city center of a business district. It is the second building from three planned structures which belong to the first phase of the Twin City complex, thanks to which the resource of Slovakian office, commercial and service area will increase by 65 000 sq. m at the turn of this and following year. The commission of the structure is planned on March 2016. At present, thanks to signage of a pre-let contract with Swiss partnership from the reinsurance industry – Swiss Re, the company is rented in over 90 per cent. 

 

HB Reavis received financing of the investment from a bank called Československá obchodná banka. The value of the credit amounts to 43 million euro. We are very glad about the support from Československá obchodná banka. After completion, the investment will be one of the most important points on the map of modern office area in Bratislava. Share of a renowned bank in financing of Twin City additionally confirms quality and potential of this project and reputation of the whole HB Reavis Group – comments Marián Herman, Financial Director and Member of the Board in HB Reavis.

 

ČSOB Slovensko is glad about opportunity of extending foregoing cooperation with HB Reavis by financing of office investment with this high quality. It is the next step in enhancing of our relations with HB Reavis. We had an occasion to cooperate in other financial areas such as issue of corporate bonds, leasing and refinancing of ready projects. Strong position of the investment's sponsor and perfect parameters of the project were main factors which had an influence on decision of ČSOB in granting of financing on such conditions – says Ľuboš Ondrejko, Chairman of Department of Corporate Banking and Member of the Board, ČSOB.

 

The Twin City project was divided into twelve stages. It will result in a modern business district established to keep the balance between work and relaxation. There will be i.a. green areas, large underground garage or numerous stands for bicycles with changing rooms and showers for bicyclists. The Twin City buildings were designed in accordance with requirements of the ecological certification in the BREEAM system with an Excellent grade.  

 


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