Bank Austria Creditanstalt Leasing Real Estate S.R.O.
Sector: Commercial • Location: Czechia
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA issued $88.2 million in coverage to Bank Austria Creditanstalt Leasing GmbH for its shareholder loan to Bank Austria Creditanstalt Leasing Real Estate S.R.O. (BACLRE) to expand its commercial real estate operations in the Czech Republic. The guarantee covers the investment against the risk of transfer restriction. The shareholder loan will allow BACLRE to increase the availability of long-te
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | MIGA issued $88.2 million in coverage to Bank Austria Creditanstalt Leasing GmbH for its shareholder loan to Bank Austria Creditanstalt Leasing Real Estate S.R.O. (BACLRE) to expand its commercial real estate operations in the Czech Republic. The guarantee covers the investment against the risk of transfer restriction. The shareholder loan will allow BACLRE to increase the availability of long-term commercial real estate financial leases for Czech companies and investors at competitive prices. BACLRE is expected to develop the local commercial real estate market, facilitating the expansion of retail, wholesale, and commercial businesses. Approximately $100 million in labor and materials for construction will be purchased in the local market. Training programs in Vienna and at onsite facilities will give employees skills in risk assessment and legal and technical assistance in leasing. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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