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Slovenská sporiteľňa to finance the Twin City project

The largest bank in Slovakia signed a loan agreement to finance construction of the administrative building Twin City A in Bratislava.

Slovenská sporiteľňa will provide a loan totalling EUR 27 million to the developer HB Reavis. Already in autumn 2015, the first building of the Twin City project will offer almost 16,000 sq m of top-class office spaces. The loan consists of a construction loan covering the construction costs up to 75% and it will be increased after final approval of the building. The maturity of the loan is six years and Slovenská sporiteľňa is the only bank financing the Twin City A building. Total investment costs of the project will amount to EUR 31.5 million. 

Twin City A is one of the three objects of the initial stage of the Twin City project in the territory surrounded by the streets Mlynské Nivy, Košická, Chalupkova, Továrenská and Karadžičova, in close proximity to the centre of the capital city and easily accessible by all means of transport. In 2015 and 2016, the initial stage of the Twin City project should offer almost 65,000 sq m of modern office spaces, retail stores and services.

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