Cavatina Holding S.A. has signed a loan agreement worth €270 million with a consortium of international banks, including Erste Group Bank AG, Berlin Hyp (part of Landesbank Baden-Württemberg), and Raiffeisenlandesbank Niederösterreich-Wien AG. According to the company, a substantial portion of the financing – €237.5 million and PLN 12.5 million – will be used to refinance existing debt across selected office projects within its portfolio. The loan is structured for repayment in quarterly instalments beginning on 31 December 2025, with final repayment due no later than 31 December 2030. Interest is set at 3M EURIBOR plus the lenders’ margin. Disbursement of funds remains subject to conditions outlined in the agreement. Cavatina stated that the refinancing allows for optimisation of its financing structure and cost base. The company noted that the transaction is among the largest refinancing deals involving office assets on Poland’s regional markets. Legal advice in the transaction was provided by Wolf Theiss, with Centuria Investment & Corporate Advisory acting as financial advisor. Cavatina Holding is one of Poland’s largest development groups, with projects in Warsaw, Kraków, Łódź, Wrocław, Gdańsk, and Katowice. While continuing to deliver and commercialise office projects, the group has been expanding into the residential segment. Current developments include three residential projects totalling 25,000 sqm of usable floor space (more than 650 apartments), with a further 47,000 sqm of residential space in preparation.