Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

Acquire financing for the Agora Bytom project

Click to Enlarge

The Challenge

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.

The Solution

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 Results

The loan agreement was signed with Bank Pekao in April 2010. Agora Bytom was successfully opened in November 2010.