Real Estate Leasing

Financing alternative structured to meet your needs

Real estate leasing by Erste Group Immorent combines the advantages of rent and ownership without stretching the credit limits of our clients or tying up funds over the long-term. Leasing is a suitable vehicle for all types of real estate that are designed to also meet the market requirements for third-party use.

Real estate leasing projects:

• Off-balance sheet: In a leasing transaction, the respective object is normally not recorded on the asset side of the client’s balance sheet.
• Flexibility: Innovative and customised financial solutions – including tax and legal aspects – are designed to meet the individual needs of our clients. Lease financing can be adapted to fit individual projects through elements such as the lease term, residual value and lease payment (up to the pay-as-you-earn principle).
• Full service: In addition to pure financial solutions, we offer a comprehensive range of services for real estate: from site selection, planning and construction to supervision and more; hence the real estate project does not strain the core business.  

Erste Group Immorent offers excellent customer proximity and extraordinary local market expertise through its subsidiaries in Czech Republic, Slovakia, Bulgaria, Slovenia, Croatia, Hungary, Romania, Serbia, Montenegro, Poland and Ukraine. Our leasing specialists have comprehensive knowledge of the national legal and taxation conditions, and hence optimally structure the financings of individual objects or complete portfolios in accordance with both national and international accounting regulations (IFRS/IAS, US GAAP).

Properties which can be financed by real estate leasing:

• Shopping centers and supermarkets
• Logistic centers
• Industrial buildings
• Office buildings

A sale and lease back transaction involves the sale of a property to the leasing company, which then leases it back to the previous owner. This type of leasing is used primarily to increase a company’s liquidity, make use of undisclosed reserves or optimise the balance sheet. Our clients can continue business operations as usual in the building and, at the same time, obtain fresh funds for their business activities from the sale. Project developers can also take full advantage of a sale & lease back product to convert an initial short-term financing to a long-term option, should they require a longer than anticipated utilisation or re-marketing period.