Bank Pekao is the second largest bank in Poland and one of the largest financial institutions in central and eastern Europe. It maintains business relationship with 50% polish corporates. Bank provides all types of commercial real estate financing ranging from construction loans to long-term investment loans. Pekao finances development of all CRE segments: all retail schemes, office, warehouse and residential. Pekao also consistently and actively supports hotel sector in Poland (Since 01/2017 there were over 385 m PLN invested).
The Bank offers a full range of products supplementing lending to developers and investors (interest rate and FX hedging; maintenance of bank accounts, including escrow and housing escrow accounts; cash management, electronic banking; mortgage loans).
Name of company
Bank Pekao SA
Department head or senior representative in CEE, real estate
Dieter Lobnig - Managing Director - Structured Finance and Commercial Real Estate Department
Department head or senior representative profile
Dieter Lobnig is heading the Structured Finance and Commercial Real Estate Department. The unit is responsible for all kind of structured finance and commercial real estate financing provided by Bank Pekao. Dieter Lobnig has almost 20 years of experience in structured finance projects in CEE. He has been recently involved and responsible for financing of most flagship transactions including outstanding real estate projects likes: Galeria Solna (shopping center), Skyliner (office building), Panattoni (warehouses)
Value of transactions in the real estate market in CEE region (between October 2016 and September 2017, in EUR)
738 941 000 EUR
Portfolio of credit transactions in CEE region (betweeen October 2016 and September 2017)
Galeria Solna – shopping center, sole lender
Wrocław Fashion Outlet –outlet center, sole lender
Panattoni - warehouses in 10 locations, sole lender
Asbud - Karolkowa Business Park – office project, sole lender
EC Powiśle – office project, sole lender
DL Invest – warehouse , shopping center and offices, sole lender
Skyliner – office project, sole lender
Centrum Praskie Koneser – office project, sole lender
Value of credit and refinancing for shopping centres in CEE region (between October 2016 and September 2017, in EUR)
38 905 000 EUR
Value of credit and refinancing for offices in CEE region (between October 2016 and September 2017, in EUR)
445 968 000 EUR
Value of credit and refinancing for warehouses in CEE region (between October 2016 and September 2017, in EUR)
209 680 000 EUR
Please say why you should be considered for the award
As one of the most important players at CRE market in Poland Bank Pekao deserves for sure to be nominated to Financing Provider of the Year Award.
Pekao team has been present on the market for many years and has gathered precious experience in financing CRE both in good and bad economic times. Pekao portfolio is well diversified and Bank is able to provide tailor made financing for any kind of investors: local or multinational in any kind of real estate segment.
During last year Pekao was involved in financing of many flagship transactions. Just to name once again most striking ones: EC Powiśle project, Skyliner, financing of numerous ventures with Panattoni Group. The total new loan commitment amounts to staggering 739m EUR.
Pekao is really a reliable and trustworthy partner for CRE investors active on polish market and therefore it has right to be awarded with Financing Provider of the the Year Award.
