DLA Piper and Dentons Advise on Financing of HB Reavis Green Project in Poland

DLA Piper and Dentons Advise on Financing of HB Reavis Green Project in Poland

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DLA Piper has advised Santander Bank Polska, BNP Paribas Bank Polska, PKO Bank Polski, and Bank Pekao on a EUR 162 million loan granted to HB Reavis for the development of the Forest office campus in Warsaw. Dentons advised HB Reavis on the deal.

According to DLA Piper, “Forest is one of the largest office projects currently under construction in Europe and one of the greenest in Poland. The buildings erected in Warsaw on the border of Wola, Srodmiescie, and Zoliborz will offer 78,000 square meters of workspaces, public partitions with gastronomy and services, and a green patio for office employees and neighbors. Construction of the Forest campus near the Arkadia shopping center has been in progress since June 2019. The completion of the first stage of the project is planned by the end of 2020. The tower, closest to the Roundabout of the Home Army Group Radoslaw, will be put into use by the end of 2021.”

DLA Piper’s Warsaw-based team included Partners Mariusz Hyla and Michal Pietuszko, Counsel Bartlomiej Palusiak, Senior Associate Jakub Zienkiewicz, Associates Jaroslaw Spodar and Miroslaw Calka, and Junior Associate Karolina Kordulska.

Dentons' team included Partner Mateusz Toczyski, Counsels Bartosz Nojek and Tomasz Krasowski, and Senior Associate Katarzyna Adamczyk.