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CaixaBank Grants €268.5 Million in Financing to Torre Rioja to Strengthen its Liquidity

The financing has a 10-year term and so provides Torre Rioja with a stable and sustainable debt structure.

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The real estate agency Torre Rioja, advised by Colliers’s Debt Advisory team, and CaixaBank have signed a financing agreement amounting to 268.5 million euros to strengthen the company’s liquidity and whereby allow it to continue its expansion process through the purchase and development of new projects.

The financing has a 10-year term with a grace period for the first five years and so provides Torre Rioja with a stable and sustainable debt structure. The financing will allow the firm to robustly face the challenges of the future and continue to consolidate itself as a leading company in the office market, focusing on buildings with almost zero energy consumption and the highest quality standards.

Read the full article in Spanish.

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