Echo secures loan for construction of three office buildings in Fuzja project

by   CIJ News iDesk II
2020-11-19   09:16

Echo Investment has secured a loan for the construction of three office buildings that are going up in the multifunctional Fuzja project in Lodz. Bank Pekao S.A. provided financing for the investment. In accordance with the contract that has just been signed, Bank Pekao will grant Echo Investment nearly €34m in construction and investment loans, as well as a PLN 10m VAT loan. The total funding period concludes in January 2026. The buildings will offer functional space allowing for the flexible arrangement of offices. The main tenant of the two buildings, which are already in development, is Fujitsu Poland Global Delivery Center, one of the world's largest providers of infrastructure and IT support.