Dentons has advised HB Reavis on obtaining additional funds for the Forest office campus in Warsaw. The syndicate of lenders – Santander Bank Polska, BNP Paribas Bank Polska, Bank Pekao, and PKO Bank Polski – increased the existing loan from EUR 162 million to EUR 205 million. DLA Piper reportedly advised the banks.
The funding was initially granted to HB Reavis in 2020.
According to Dentons, “delivered in 2022, the buildings of the Forest office campus are notable for their numerous BREEAM and WELL-certified green solutions. The project stands out for its public green areas, including a popular plant-filled terrace with a stunning view of Warsaw. The buildings feature many innovative solutions, including an energy-efficient facade and a rainwater harvesting system. Forest offers a total of 78,000 square meters of office space, as well as restaurants and services.”
Back in 2020, Dentons also advised HB Reavis on the original financing of the Forest office campus (as reported by CEE Legal Matters on March 5, 2020).
The Dentons team included Partner Bartosz Nojek, Counsel Patrycja Polasz, and Senior Associate Aleksandra Czyz.