2010-03-08: ECE and Berlin Hyp signed the loan contract for Galeria Kaskada in Szczecin, Poland
The construction of Galeria Kaskada sets off +++ 55 % of retail space already leased
ECE Projektmanagement and the Real Estate Finance Business Division of Landesbank Berlin AG and BerlinHyp, the two strong partners on the real estate market, signed the loan contract for the construction of Galeria Kaskada in Szczecin, Poland. The total credit value amounts to 111 million euro. With the financing available the construction of Galeria Kaskada will now start in full scale in order to reach the planned opening date in the fall 2011. The complete investment of the project sums up to 190 million Euro.
