Wed, May
56 New Articles

JDP and Radzikowski Szubielska Advise on Trei Real Estate Loan Agreement with Bank Pekao

JDP and Radzikowski Szubielska Advise on Trei Real Estate Loan Agreement with Bank Pekao

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

JDP Drapala & Partners has advised Trei Real Estate Poland on a EUR 27.5 million loan from Bank Pekao. Radzikowski Szubielska advised the lender.

According to JDP, the loan will be used for "refinancing [Trei's] real estate development operations."

Tengelmann group company Trei Real Estate Poland operates in real estate in Poland in the commercial and residential segments.

"We are glad to report that we managed to take out a loan from a local bank in Poland for the first time," Trei Real Estate CFO Matthias Schultz commented. "The construction costs of our Vendo Parks are generally financed with equity capital. In line with our funding strategy, we have these costs successively refinanced in a package once a year. Another effect achieved with the loan is to keep increasing our leverage ratio. The medium-term goal we pursue is a debt ratio of around 50%."

The JDP team included Partner Maciej Chrzan, Counsel Michal Urbanski, and Associates Daria Gromotka and Dominik Grzegorzewski.

The Radzikowski Szubielska team was led by Partner Agnieszka Piasecka, and included Senior Associates Martyna Dyga-Mroz, Edward Bielinski, and Joanna Jablonska.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue