Arcona Property Fund completes refinancing as basis for presentation of strategic plan
25 March 2026
Arcona Property Fund N.V. (the Fund), a listed real estate fund that invests in commercial real estate in Central Europe, has completed the refinancing of the Fund ́s Polish portfolio with HYPO NOE Landesbank.
The refinancing of seven retail properties and one office building with a total loan of € 11,480,000 for a five-year term was concluded with lower margin and with a more advantageous amortization profile than the previous loan contracted in 2021. As a result, the annual principal repayments average € 276,000 compared to € 560,000 under the previous loan. The Fund commits to securing a hedge for 70% of the loan within three months.
The Board considers the completion of this refinancing an important milestone in the continued execution of the Fund ́s strategy. Together with the Supervisory Board, the Board will now further refine the strategy, with the intention of presenting this together with the annual results at the upcoming Annual General Meeting of Shareholders (AGM).
The AGM will be formally convened after the publication of the 2025 annual results in early second quarter of 2026.
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Arcona Property Fund completes refinancing as basis for presentation of strategic plan 25 March 2026 |
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