pbb provide refinancing loan for a retail portfolio in Poland to PineBridge Benson Elliot
20.01.2025
Munich/London/Warsaw, 20 January 2025 – pbb Deutsche Pfandbriefbank (pbb) has underwritten an investment facility for a retail portfolio in Poland for PineBridge Benson Elliot.
The portfolio consists of three shopping centres located in Łódź, Toruń and Kraków in Poland. All properties are fully occupied, located in very good and established retail locations with direct access to main roads and close to residential neighbourhoods. The portfolio comprises a total of 82,000 m² GLA and has a well-diversified and strong tenant mix.
Dieter Knittel, Head of CEE at pbb Deutsche Pfandbriefbank, said: "We have a long-standing and successful relationship with PineBridge Benson Elliot as one of our key clients. We are very proud to support them again in the CEE-market with this portfolio financing. Poland is an important market for pbb and we are looking forward to other transactions with PineBridge Benson Elliot across Europe.”
About PineBridge Benson Elliot:
PineBridge Benson Elliot is a private, global asset manager focused on active, high conviction investing. We draw on the collective power of our experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. Our mission is to exceed clients’ expectations on every level, every day. As of 30 September 2024, the firm managed US$203.1 billion across global asset classes for sophisticated investors around the world.