Echo Investment has signed an annexe to its loan agreement concerning the refinancing of the third stage of the Malta Office Park development in Poznań.

The annex refers to an agreement with a value of EUR 31.785 mln concluded in June 2009 between Echo Investment and WESTDEUTSCHE IMMOBILIENBANK AG. It concerns an additional amount of EUR 7.160 mln, which is to be used by the investor to refinance the third stage of Malta Office Park. “The funding obtained for the third stage of the project in Poznań supplements the loan we have had so far and is a confirmation that the office project is ideally suited to this market. We are very satisfied with the additional funding granted by WestImmo in spite of a rather difficult situation on the credit market,” says Grzegorz Iwański, director of the Funding Department in Echo Investment. ____________________________________________________________________________________________
Malta Office Park is a modern office park located in Poznań on Baraniaka street, consisting of six office buildings and offering a gross leasable area of almost  31 000 sqm. Leaseholders of the building and their clients have almost 600 parking spaces at their disposal in the ground-level and underground car parks. The whole complex is equipped with a number of modern technological solutions, security, video surveillance and access control systems. The design of Malta Office Park complex was created in Litoborski-Marciniak architectural studio from Poznań. The group of the leaseholders includes the following companies: McKinsey & Company, Grant Thornton, Samsung Electronics Polska, Ikea, NextiraOne, Altkom Akademia, Data System Group, Mentor Graphics, Tebodin, Roche Polska, AXA, Lexum, Medicover, Ogicom, Pramerica Życie, Allianz, Martela, OCE Poland, Sygnity, Raiffeisen, Żagiel, Eaton Electric, Grenkeleasing, Panorama Finansów, Akademickie Inkubatory Przedsiębiorstw, Kennametal, IFS. Construction of Malta Office Park began in August of 2007. The project was carried out in three stages. www.maltaofficepark.pl