Clifford Chance has advised Bank Pekao on its over PLN 500 million financing for the acquisition and redevelopment of three logistics centers by separate special purpose vehicles. Reportedly, Greenberg Traurig advised the sellers and Deloitte Legal advised the buyers on the acquisition transaction. On the financing transaction, Greenberg Traurig reportedly advised the buyers on receiving the financing.
"The portfolio is located in and around Warsaw and will provide approximately 150,000 square meters of modern logistics space once redeveloped," Clifford Chance informed. "The assets include City Point Targowek, Logistics Point Raszyn, and Logistics Point Piaseczno."
Bank Pekao is a Warsaw-headquartered financial institution.
The Clifford Chance team included Partner Daniel Kopania, Counsel Maciej Bochenski, Senior Associates Tomasz Walerowicz and Joanna Satkiewicz, and Associate Agata Parys.
