Pbb and Helaba provide €185m for Crestyl’s Prague office park

German banks pbb and Helaba have teamed up again to provide a €185 mln medium-term loan to Crestyl Group for their "Dock In" office park in Prague.

Dock In Prague

This follows their previous financing of the park's individual phases. Both banks acted as Joint Lead Arrangers, contributing equal amounts, with pbb also managing the facility and security.

The "Dock In" office park, built between 2013 and 2022, is an eco-friendly development offering around 87,600 m2 of prime office and retail space across six floors, leased to prominent international tenants. Crestyl developed it as a lively riverside district, complete with residential units, eateries, and a public park with a marina.

Designed with strong ESG principles, all Dock In office buildings meet top quality and green certification standards.

Crestyl Group's future major projects in the Czech Republic include the Savarin complex renovation in Prague, the new Hagibor district, and the Dornych project in Brno.