Act BSWW Advises ECC Real Estate on Financing of Nowa Stacja Retail Mall

Act BSWW Advises ECC Real Estate on Financing of Nowa Stacja Retail Mall

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Act BSWW has advised ECC Real Estate Sp. z o.o., a developer of the Nowa Stacja shopping center in Pruszkow, on financing it received from Bank Gospodarstwa Krajowewgo.

According to Act BSWW, the loan constitutes the final stage of financing of the construction project, which is expected to be completed by the end of 2018. The total investment value is approximately PLN 250 million.

Act BSWW lawyers have also advised ECC Real Estate on in regard to lease agreements with all tenants at the three-floor Nowa Stacja shopping mall, which include H&M, Hennes & Mauritz, Multikino, Zdrofit, Carrefour Polska, Jysk, Martes Sport, CCC, Deichmann-Obuwie, Dressler Dublin, Empik, Superpharm, RTV Euro AGD, Uczy i Bawi, KFC, Pizza Hut, Olimp, Vision Express, Orange, Play, and Sala Zabaw Fikolki.

The firm is also supporting ECC Real Estate in the process of obtaining financial resources from funds managed by Credit Value Investment, the purchase of real property intended for construction purposes, and all spatial planning procedures.

The Act BSWW team was led by Managing Partner Michal Wielhorski, supported by Associates Pawel Bochnia and Katarzyna Gora.

Act BSWW did not reply to an inquiry about the deal.