ILD raises 9,5 Million Euro for a Real Estate Project in Poland

Common Ground Corporate Finance is pleased to announce the successful raising of a 9,5 Million Euro bank debt financing for the Polish Real Estate affiliate of ILD.

Common Ground acted as the exclusive Corporate Finance advisor for ILD and its Polish Real Estate affiliate, Obild Sp. zoo. “Common Ground’s knowledge and experience of the international banking landscape was very instrumental to position Pekao Bank as the most suited banking partner in relation to this project and to set up a 9,5 Million Euro long term Construction and Investment Loan for this Real Estate Project of ILD in Poland, ” says Filip Vanelstraete, CFO of the ILD Group.

ILD Group (www.ild.eu) is a Belgium based industrial real estate developer with a significant expertise and experience in industrial development, more specifically in Central Europe and Poland. Although its recent development activities have been located more in the Czech Republic and in Slovakia, it also has developed industrial facilities in Poland in 2010 for Greenyard Logistics (Univeg) in Buk (Poznan area) and for Teutonia in 2012 in Włocławek.

In 2017, ILD Group got a real estate development mandate from the Oschmann Group (Germany) to build a production plant and warehouse in Sulęcin (Poland) for the manufacturing of comfort beds and box spring mattresses. The 9,5 Million Euro Construction and Investment bank Loan will be used to finance the construction of these facilities .