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Immoeast concludes refinancing for SCC

March 11, 2010 Katowice the City 0

Helaba Landesbank Hessen-Thüringen has agreed to refinance EUR 250 million in a property-backed deal involving Immoeast properties Silesia City Center, a shopping center in Katowice, and two office buildings in Warsaw.

Immoeast AG acquired Silesia City Center, the largest cutting edge shopping center in Upper Silesia in 2005. Katowice is at the center of the booming region of Upper Silesia, and is one of Poland’s leading economic centers.