Lion's Head BG

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Lion’s Head Investments AD (“LHI” or the “Company”) is a commercial property investment platform in Bulgaria and Romania, established in 2017 (https://www.lhinv.eu/). The Company currently owns and operates five office buildings situated in prime locations, two in Sofia and three in Bucharest. LHI plans to expand its portfolio to the rapidly growing logistics and light industrial market in the Central and Eastern Europe (CEE) region. As part of this strategy, LHI will be acquiring income generating assets and developing new projects in Bucharest, Sofia and other key transportation hubs in Romania and Bulgaria.The Project comprises: (i) acquisition and development of the aforementioned logistics assets, as well as (ii) partial refinancing of and capital expenditure in the existing office portfolio. The logistics assets are expected to be certified with the IFC’s Advanced Excellence in Design for Greater Efficiencies (EDGE) green building certification.The Project will be supported by a sustainability-linked financing package of €150m from IFC’s own account as well as from IFC acting in its capacity as the implementing entity for the Managed Co-Lending Portfolio Program.