13.08.2009
Refinancing - Galeria Mokotów, Warsaw

Mainz, 13 August 2009 - WestImmo as Co-Arranger acted together with Berlin Hyp and Landesbank Berlin for the well known Galeria Mokotów, shopping centre in Warsaw, in a refinancing volume of 205 Mio €; WestImmo took 50% (102,5 Mio €) of the transaction. The Galeria Mokotów is one of the biggest and best performing shopping centres in Warsaw, owned 50/50 by Unibail Rodamco and Globe Trade Centre S.A. This transaction represents the largest deal in CEE in 2009 for a single property.

Galeria Mokotów is a 62,290 sqm, three story modern shopping and entertainment centre. The Building comprises shops, restaurants and a 14 screen cinema with 3.200 seats. 247 known international and national tenants offer a diversified product mix. Since August 2001 the monthly number of visitors exceeds 1 million.

WestImmo is the centre of competence for real estate financing and transactions in the WestLB group. The bank has offices in Berlin, Düsseldorf, Hamburg, Mainz, Münster and Munich as well as in London, Madrid, New York, Paris, Prague, Warsaw and Tokyo.