Acquisition financing of the commercial centre PLAZA Liberec to the tune of EUR 12m
VGD Corporate Finance was an exclusive financial advisor and a partner for procuring the financing of acquisition of the multipurpose commercial centre PLAZA Liberec to the tune of EUR 12m.
Commercial centre PLAZA Liberec stands just in the old town next to the city hall at Dr. Edvarda Beneše square. It is a multipurpose centre with a shopping mall, a food court, Billa supermarket and leisure and fitness facilities situated in the upper floors.
Senior bank financing of EUR 12m was granted by MONETA Money Bank, a.s. Proceeds from the loan were used for acquisition co-financing as well as refinancing of the original indebtedness.
The acquisition was done by a group of Czech private investors led by Adam Daněk and Roman Straka.
The transaction was successfully completed at the end of March 2020.