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Norton Rose Fulbright, Clifford Chance, and Dentons Advise on Financing for and Acquisition of Polish Logistics Portfolio by Hines

Norton Rose Fulbright, Clifford Chance, and Dentons Advise on Financing for and Acquisition of Polish Logistics Portfolio by Hines


Norton Rose Fulbright has advised ING Bank, a branch of ING-DIBA AG, on a loan facility made available to Hines Poland Sustainable Income Fund for the acquisition of a logistics portfolio in Poland from NBGI Private Equity. Clifford Chance advised Hines on both the financing and the acquisition, while Dentons advised NGBI on the sale.

The portfolio acquired by Hines consisting of 5 warehousing centers covering a total of 126,289 square meters, in the Polish cities of Torun, Myslowice, Legnica, Garwolin, and Grodzisk Mazowiecki. The exclusive tenants of the facilities are Cereal Partners Worldwide, Intermarche, Faurecia Automotive, Avon, and Gefco, respectively. 

Hines is a leading US real estate firm involved in real estate investment, development and property management worldwide. The portfolio it acquired from NGBI is managed on behalf of Hines Poland Sustainable Income Fund by Hines Polska.

The Norton Rose Fulbright team in Warsaw was led by Partner Grzegorz Dyczkowski, assisted by Of Counsel Adam Kozlowski, Senior Associate Tomasz Rogalski, and Associates Maksymilian Jarzabek and Konrad Leszko, as well as Adrian Wieslaw and Michal Banasiak.

The Clifford Chance team advising Hines both on the financing it received from ING Bank and on the acquisition of the logistics portfolio was led by Partner Daniel Kopania and consisted of Counsel Marcin Krysa, Senior Associate Aleksandra Jach, and Associate Tomasz Walerowicz.

The Dentons team advising NGBI was supervised by Partner Pawel Debowski, supported by Senior Associate Maciej Jodkowski and Associate Lukasz Morgas.

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Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

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