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DLA Piper Advises Aareal Bank on Pradera European Retail Parks Portfolio Financing

DLA Piper Advises Aareal Bank on Pradera European Retail Parks Portfolio Financing

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DLA Piper has advised the Aareal Bank on providing EUR 360 million senior facility for Pradera European Retail Parks’ international retail property portfolio financing.

According to DLA Piper, the portfolio comprises 17 retail properties in Germany, France, and Poland with a total of over 400,000 square meters of lettable area.

Aareal Bank Group is a Wiesbaden-headquartered international property specialist, providing smart financings, software products, and digital solutions for the property sector and related industries.

Pradera is a retail real estate, asset, investment, and fund management specialist active in continental Europe, the UK, and China.

The DLA Piper team was led by Germany-based Partner Torsten Pokropp, and included the Czech Republic-based Partner Miroslav Dubovsky and Associates Marcel Janicek and Petr Varvarovsky, Poland-based Partners Mariusz Hyla and Michal Pietuszko, Counsel Bartlomiej Palusiak, Senior Associate Anna Jarczok, Associates Jaroslaw Spodar, Wojciech Sulimierski, and Maciej Rafalowski, Junior Associate Wojciech Sobieraj, and Paralegals Karol Danilczuk and Katarzyna Soszynska, as well as teams from Germany, Luxembourg, and UK.

Aareal Bank's in-house team included Katrin Schellberg, Aminata Omog, and Paulina Kotecka.

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

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