20 million euro of loan for Echo Investment

mBank grants a loan in the amount of 20 million euro (plus 2 million zlotys) to Echo Investment within the concluded credit agreement. The loan will be intended for financing of the final phase of Nobilis Business House.

mBank grants a loan in the amount of 20 million euro (plus 2 million zlotys) to Echo Investment within the concluded credit agreement. The loan will be intended for financing of the final phase of Nobilis Business House.

 

It is actually the first occasion for us to cooperate at financing of real estate projects with mBank under a new name. BRE Bank SA has financed the realization of two commercial structures for us much earlier. This loan will allow us to refinance Nobilis, which will be commissioned soon – says Grzegorz Iwański, Chairman of Department of Financing, Echo Investment.

 

We are glad that we could start cooperation with such a renowned developer as Echo Investment. It is a company which proved many times its unique experience in development of the highest quality office structures. Nobilis will become another prestigious location in the capital of Lower Silesia – says Michał Popiołek, Chairman of Department of Structural Financing and Mezzanine of mBank SA.

 

Nobilis Business House is being realized at the crossroads of Maria Curie-Skłodowska and Mikołaja Reja Streets. The project will offer 16 000 sq. m of office space. There will be also a 1-tier underground garage and 72 parking places for bicycles as well as changing rooms with showers and drying rooms. Tenants will benefit from canteen, service points and place for relaxation outside the building. Nobilis Business House was awarded BREEAM Interim Excellent with a very high result of 72 per cent in autumn last year. The building is to be completed in July this year.
 


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