The 4th edition of Varso Tower Run saw our foundation donate over €7,000 to charity! 🎉
Do you think you could run up the tallest building in the EU? 800 people in Warsaw thought they could. And they did!
For the fourth time already, professional and amateur runners gathered at Varso Tower to compete in a very special discipline: tower running. 🏙️
Ahead of them: 53 floors and roughly 1,400 steps to the top.
How long did the winners take?
🏆 Wai Ching Soh, world champion in tower running, reached the top in just 6:50.
🏆 Tea Faber set a brand-new women’s record of 8:05.
But it wasn’t just about speed. For every runner who reached the top, a donation clinked from our foundation to Młode Głowy, a programme by the UNAWEZA Foundation supporting young people’s mental health, totalling over €7,000. ❤️
And our colleagues? You bet they ran too — absolute legends! 🏃♂️🏃♀️
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#varsotower #varsotowerrun #warsaw
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Varso Place secures new finance milestone 👏📈
It all began with a record-breaking loan of €475 million, supported by five leading banks who trusted in the vision of Varso Place from the very start. Namely Santander Bank Polska, Helaba, Bank Pekao S.A., Berlin Hyp and Deutsche Hypo NORD/LB Real Estate Finance.
Today, that trust has grown even further. Two new banks – PKO Bank Polski and Erste Group – have joined the consortium, bringing the total to seven major financial institutions backing this landmark development in the heart of Warsaw.
Together, they’ve enabled us to increase the loan to €510 million, refinanced for a five-year term.
As our CFO Tomas Krajcir put it:
💬 “A project of such scale and prestige requires the involvement of large and credible financial partners. Their trust and improved conditions within financial markets allowed us to increase the financing amount and secure better terms. This transaction also underscores HB Reavis’s position as a strong European player in the design, construction, and management of real estate.”
Read the full story here. 👉 https://hbreavis.com/en/press/record-breaking-refinancing-of-varso-place-new-lenders-join-the-credit-consortium/
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