Overview

Bank of China provides a €10 million EUR to Eyemaxx Real Estate for unspecified purposes

Commitments (Constant USD, 2023)$10,848,725

Commitment Year•2021Country of Activity•GermanyDirect Recipient Country of Incorporation•GermanyOverseas Jurisdiction•GermanySector•Business And Other ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Feb 17, 2021

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Commercial Banks

Bank of China (BOC)

Receiving agencies

Private Sector

Eyemaxx Real Estate AG

Collateral providers

Private Sector

Eyemaxx Real Estate AG

Loan description

Bank of China provides a €10 million EUR to Eyemaxx Real Estate for unspecified purposes

Interest type•Unknown

Collateral

Eyemaxx provided Serbian properties as collateral.

Narrative

Full Description

Project narrative

On or prior to February 17, 2021, the Frankfurt Branch of the Bank of China (BOC) issued a €10 million EUR loan to Eyemaxx Real Estate AG — a German residential estate developer focused on Germany and Austria headquartered in Aschaffenburg and listed on the Frankfurt Stock Exchange and Vienna Stock Exchange — for unspecified purposes. Eyemaxx issued collateral for the loan by providing Serbia-based properties.