German bank Helaba and UniCredit Czech Republic have provided a 鈧�78 mln development loan for the multi-functional Quadrio project being constructed in Prague by local investor Czech Property Investments (CPI Group).
German bank Helaba and UniCredit Czech Republic have provided a 鈧�78 mln development loan for the multi-functional Quadrio project being constructed in Prague by local investor Czech Property Investments (CPI Group).
The large-scale Quadrio project comprises offices, a shopping gallery and modern apartments. The property is situated in Prague 1 city centre district.
Czech investor and asset manager CPI Group is engaged in property investment, development and administration in Central Europe across all segments of the real estate market. The firm is owned by financier Radovan Vitek.
'Both strong banks are our important partners in terms of external financing,' commented Thomas Tajer, senior specialist of financing at the CPI Group.
The banks were advised by law firm Wilson & Partners.
