Clifford Chance has advised Arete on the bank financing of its portfolio in excess of EUR 100 million from a consortium of banks including Ceska Sporitelna and Slovenska Sporitelna.
Arete is an investment and real estate group.
According to Clifford Chance, “the financing will be used for the construction of new industrial parks by Arete's development team and planned acquisitions of industrial income properties, which the Arete Group focuses on.”
Clifford Chance’s team included Prague-based Partner Milos Felgr and Senior Associates Dominik Vojta, Stanislav Holec, and Tereza Rehorova.
Clifford Chance did not respond to our inquiry on the matter.