Europa Capital refinances Eiffel Square, its prime Budapest office investment

Europa Capital LLP, on behalf of Europa Fund II, and ConvergenCE have concluded a significant new loan to refinance Eiffel Square in central Pest, with pbb Deutsche Pfandbriefbank. The EUR 33 million refinancing from pbb Deutsche Pfandbriefbank closed at the end of 2013. Eiffel Square is considered to be one of the leading office investments in central Budapest, due to its excellent location, quality of construction and full occupancy.