Eastnine completes EUR 240 million acquisition of Warsaw office property The Bridge
Bitget2026/09/24 22:45- Eastnine completed an asset acquisition of The Bridge, a newly built Warsaw office property in the central business district.
- Purchase price EUR 240 million, based on an underlying property value of EUR 285 million.
- EUR 20 million of the consideration is conditional, including EUR 15 million tied to completion of Visa’s premises.
- Financing used existing cash, a five-year secured EUR 180 million bank loan from Erste Group, refinancing proceeds of EUR 34 million.
- Loan-to-value rises to 55%, or 59% including a temporary VAT loan.
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