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JDP Advises Trei Real Estate on EUR 73.5 Million Loan from Deutsche Pfandbriefbank

JDP Advises Trei Real Estate on EUR 73.5 Million Loan from Deutsche Pfandbriefbank

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JDP Drapala & Partners has advised Trei Real Estate Poland on its EUR 73.5 million loan from Deutsche Pfandbriefbank to finance its current activities and day-to-day operations.

According to the firm, the main asset that secures the funding is a portfolio of 61 properties with retail facilities located thereon, this being the second Deutsche Pfandbriefbank loan to Trei Real Estate after another granted in 2020.

Trei Real Estate Poland belongs to the Tengelmann group and develops retail facilities (like Vendo Park) and residential properties (Trei Residential) in Poland.

Back in January, JDP also advised Trei Real Estate on a EUR 40 million financing from the Berlin Hyp real estate and mortgage bank (as reported by CEE Legal Matters on January 31, 2023).

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

JDP did not respond to our inquiry on the matter.