For Immediate Release
Madison International Realty and Cavatina Holding secure €61 million refinancing from Santander and Bank Pekao S.A. for prime Warsaw office
Warsaw/New York, September 2, 2025
A joint venture (the “JV”) between Madison International Realty, a leading liquidity provider to real estate investors worldwide, and Cavatina Holding, one of the leading Polish real estate developers, has completed a c. €61 million refinancing of Chmielna 89, a landmark office building in central Warsaw, Poland.
The facility has been provided by Santander who acted as underwriter, lender and agent for the loan. The transaction was carried out in cooperation with Bank Pekao S.A..