Lucron secured financing from polish private debt leader CVI

The development company Lucron has secured EUR 25 million in financing from the Polish investment group CVI, a leading private debt investor in Central Europe. The investment will support the development of Nesto, a modern urban district in Bratislava.

Spanning approximately 47 hectares, the Nesto project will deliver up to 3,000 residential units, along with public spaces, sports facilities, a cycling route and planned kindergarten and school facilities. The project integrates housing with civic amenities, retail and leisure areas, while also introducing modern forms of rental housing. At the same time, it contributes to the creation of a sustainable urban environment.

The financing, structured as an international private bond placement, is relatively unique in the Slovak real estate market. It reflects a broader trend of developers of large-scale projects turning to international institutional investors for funding.

Details of the transaction

Lucron

Lucron is a real estate developer active in the Slovak market since 2005 and part of the international Luxembourg-based IKO Real Estate group. The company covers the entire development cycle from land acquisition and planning to project management, financing, marketing and final sales. It focuses on large-scale residential developments and the creation of comprehensive urban concepts. Its portfolio includes eight projects in Bratislava and Trnava, with flagship developments such as Vydrica, Arboria and the emerging Nesto district in Bratislava’s Petržalka borough.

CVI Dom Maklerski

CVI is a Polish investment group and a leading private debt provider in the Central European region. Since 2012, it has operated as an independent asset manager, managing eight investment funds with assets of approximately EUR 1.1 billion. The firm focuses on financing small and medium-sized companies across the CEE region, offering flexible capital solutions for growth, acquisitions and refinancing. With more than 800 completed transactions across around ten countries, CVI ranks among the most active non-bank debt providers in the region.

The transaction also carries broader significance. CVI assessed the investment under stringent criteria, with the closing preceded by a detailed due diligence process and thorough preparation of transaction documentation involving experts from Slovakia, Polan, and Luxembourg.

KPMG Role

KPMG in Slovakia provided financial and transaction advisory services to Lucron in securing the financing from CVI through a private bond placement.

A selection of other transactions that KPMG helped close

Contact our experts

Should you wish more information on how we can help your business or to arrange a meeting for personal presentation of our services, please contact us.