December 2018 – Kinstellar has recently advised Penta Real Estate in relation to a EUR 110 million syndicated club loan for the construction of Sky Park Residence in Bratislava—the first syndicated club financing for a residential project in Slovakia. The club was led by Tatra banka.
Sky Park is a unique multi-purpose development project designed by world-renowned architectural studio Zaha Hadid Architects. The project is being developed at a former industrial zone in Bratislava’s city centre and at completion will bring six new high-rise buildings to the Bratislava real estate market. The first phase, which is the subject of the financing deal, consists of three 30-storey residential towers offering up to 800 apartments and 2,000 m2 of high-quality amenities.
“We are delighted with the level of trust in our project. Sky Park is currently one of the most important Penta projects, not only due to the size of the investment, but also due to the overall significance for our capital city,“ says Juraj Nevolník, managing director at Penta Real Estate.
The Kinstellar team in Bratislava consisted of Vladimír Polička (Managing Associate) and Dominika Bajzáthová (Senior Associate).
For more information please contact Vladimír Polička, Managing Associate, at .