Acquire financing for the Agora Bytom project
Cushman & Wakefield were instructed by the investors Braaten+Pedersen and Borgestad ASA to acquire financing for the Agora Bytom project. Agora is a modern retail gallery opened in November 2010 and located in central part of Bytom, southern Poland. It provides a GLA of 30,700 sq.m and is anchored by Cinema City, Pure Fitness Club, RTV EURO AGD, C&A, H&M, CCC, Deichmann and Rossmann among others.
In this transaction Cushman & Wakefield prepared all necessary loan application materials, introduced the development to banks and financial institutions and negotiated term sheets. We analyzed the terms sheets, made recommendations and provided support in negotiations.
The loan agreement was signed with Bank Pekao in April 2010. Agora Bytom was successfully opened in November 2010.