Eastnine completes acquisition of Warsaw office property The Bridge for EUR 240 million
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- Eastnine completed the acquisition of the 40-story Warsaw office property The Bridge at an underlying property value of EUR 285 million.
- Purchase price totaled EUR 240 million, including EUR 20 million conditional consideration, with EUR 15 million tied to completion of Visa’s premises.
- Funding came from cash, a five-year secured EUR 180 million bank loan from Erste Group, and EUR 34 million from refinanced debt.
- The Bridge was 98% leased at closing; annual rental value was EUR 18.2 million; average lease term exceeded 10 years.
- Profit from property management per share is expected to rise 18% to EUR 0.36 by end-2027; loan-to-value increases to 55%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastnine AB published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.
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