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Dentons Advises PBB and Helaba on EUR 155 Million Refinancing of ELI's Warehouse Portfolio

Dentons Advises PBB and Helaba on EUR 155 Million Refinancing of ELI's Warehouse Portfolio

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Dentons has advised PBB Deutsche Pfandbriefbank and Helaba Landesbank Hessen-Thueringen on a EUR 155 million refinancing of European Logistics Investment's portfolio of 11 logistics parks in nine locations across Poland, with a total gross leasable area of over 335,000 square meters. Linklaters reportedly advised ELI.

According to Dentons, "PBB and Helaba acted as joint lead arrangers providing equal portions of the funding. PBB also acted as facility and security agent of the transaction."

ELI is a logistics platform focused on the Polish market and owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners. Its current assets include 30 logistics projects within 10 logistics hubs throughout Poland.

The Dentons team included Co-Managing Partner Bartlomiej Kordeczka, Partner Bartosz Nojek, Managing Counsel Martyna Racz-Suchocka, Counsel Jakub Zienkiewicz, Senior Associate Agata Koczorowska, and Associates Kamil Bator, Alicja Grabowska, and Martyna Kaminska.