Varso Place refinancing named Financing Story of the Year. 👏
Tomas Krajcir and Peter Andrasina accepted the Financing Story of the Year above €300 million award on stage yesterday at the CEE Property Forum gala in Vienna.
💬 Not long ago, we announced that two new banks had joined the institutions putting their trust in the project, enabling us to refinance and increase the original, record-breaking loan of €475 million to €510 million. The refinancing confirms Varso Place as a high-quality, long-term, value-producing asset, as well as the market’s confidence in it.
This moment brought the total to seven banks who believe in the potential of the project and enable us to take its captivating story even further. A big thank you to:
Santander Bank Polska
Helaba
Bank Pekao S.A.
Berlin Hyp
Deutsche Hypo NORD/LB Real Estate Finance
PKO Bank Polski
and Erste Group
We’d also like to extend a massive thank you to the jury for recognising this milestone, and of course our warmest congratulations go to all the winners across all categories.
Would you like to see the full list? Check the report from the gala here: https://www.property-forum.eu/news/cee-property-forum-2025-award-winners-announced/20831
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💙 We’re excited to announce the sale of Worship Square, our trophy London office, to Hines!
Delivered in 2024, Worship Square offers 139,000 sq ft of premium workspace, leased to leading occupiers including Wise and Frontier Economics, as well as our flexible workspace HubHub.
As our CEO Steven Skinner shared:
“Worship Square is a landmark, multi-award-winning UK project that embodies our long-held strategic focus delivering highly sustainable and healthy workplaces that put the occupier at the heart. The calibre of occupier and attracting a near 100% occupancy at building completion is testament to the quality of development. The completion of the asset sale to Hines enables additional capital to reinvest into our existing development pipeline.”
This transaction underscores the strong demand for sustainable, amenity-rich prime office space in London. We’re proud to continue delivering exceptional, future-focused workplaces that set new standards.
Read the full press release here 👉 https://hbreavis.com/en/press/worship-square-sale-to-hines/
#RealEstate #LondonOffices #WorshipSquare #Workspace #Sustainability
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