PKO Bank Polski and Bank Pekao S.A. have provided financing for the Brain Park complex in Krakow.

Developer Echo Investment has obtained financing for the Brain Park complex in Krakow. This happened thanks to a loan granted by PKO Bank Polski and Bank Pekao S.A., which exceeded the amount of 60 million euros.

Good news for Kraków's Brain Park investment. PKO Bank Polski and Bank Pekao S.A. have decided to grant Echo Investment, a development company, a construction and investment loan of €65.6 million, as well as a PLN 9 million VAT loan. In the concluded credit agreement, PKO Bank Polski acts as the credit agent and Bank Pekao S.A. as the collateral agent.

Brain Park is a complex of three office buildings located in Krakow on Aleja Pokoju Street. All of the buildings will ultimately offer about 43,000 sqm of office space to the local market. There will also be a parking lot for tenants' use, which will accommodate nearly 500 cars, electric vehicle charging stations and extensive bicycle infrastructure. There will also be areas for street workout, chess and table tennis.