Kinstellar has advised a syndicate of international banks led by UniCredit Bank and including Tatra Banka, CSOB, and Hypo-Bank Burgenland in relation to a EUR 175 million club loan provided to HB Reavis for the construction of Nivy Station in Bratislava. Dentons advised HB Reavis on the deal.
The loan represents the largest amount of financing for a single real estate project in Slovakia in 2018, Kinstellar reports.
Nivy Station is a multipurpose urban development project adjacent to Bratislava’s historic city center. The completion of the station is scheduled for 2020, and when finished it will offer 100 thousand square meters of leasable space. Project plans include the construction of a supra-regional shopping center, a bus station, and a marketplace with leisure zones.
The Kinstellar team in Bratislava was led by Managing Associate Vladimír Policka and included Senior Associate Dominika Bajzathova and Tomas Melisek, Associates Martin Kosa and Vladimír Simkovic, and Junior Associate Dasa Labasova and Livia Miklencicova.
Dentons' team consisted of Slovakia Managing Partner Peter Kubina and Associate Katarina Slezakova.