Dentons has advised Santander Bank Polska, Erste Group Bank, and Rand Merchant Bank on their EUR 145.2 million loan extended to EPP and Echo Investment for the refinancing of the Galeria Mlociny shopping center in Warsaw. Clifford Chance advised EPP and Echo Investment.

Former CMS Warsaw Senior Associate Przemyslaw Karolak has joined banking-as-a-service cloud-native platform Vodeno as its General Counsel.

Contributed by WLAW Woloszanski & Partners.

WKB Lawyers has advised Euroklimat on its acquisition of Instal Bud Pecyna.

Clifford Chance has advised Hillwood on the financing of the construction of the Hillwood & LCube Wroclaw East warehouse park in Dobrzykowice, near Wroclaw, provided by mBank and amounting to over EUR 28.4 million. CMS reportedly advised mBank.

Rymarz Zdort Maruta has advised Emeis Polska on its sale of a one-hectare land plot in Poznan to AP Marchewka Investment.

Norton Rose Fulbright has advised ING Bank Slaski on financing the construction of a 44-megawatt photovoltaic portfolio in Poland for Doral Energy. CMS reportedly advised Doral Energy.

Allen & Overy has advised Solida Capital on its acquisition of the Grojecka 5 office building in Warsaw from Cromwell European REIT. CMS reportedly worked on the deal as well.

Former Senior Counsel Pawel Kulak has been appointed as the Nordic Investment Bank's Principal Counsel.

White & Case has advised joint bookrunners Citigroup, Goldman Sachs, Morgan Stanley, PKO Bank Polski, and UniCredit Bank on PKO Bank Polski's EUR 500 million issuance of senior non-preferred notes due 2028. Allen & Overy reportedly advised PKO Bank Polski.

Dentons has advised Cero Generation – a Macquarie Asset Management portfolio company operating on a stand-alone basis – on the sale of its controlled Polish photovoltaic portfolio with a total capacity of 80 megawatts to GoldenPeaks Capital.

On April 5, 2024, Wardynski & Partners announced that the Canpack Group's CP Glass's sale of its glass production business in Orzesze, Poland, to BA Glass (reported by CEE Legal Matters on December 12, 2023) had closed after having received merger control approval from the Polish competition authority.

On April 4, 2024, Clifford Chance announced that the formation of Arcelik's new standalone home appliance business JV with Whirlpool (reported by CEE Legal Matters on January 24, 2023) had been completed, resulting in the formation of Beko Europe.

Gessel has advised Kredyt Inkaso on its public placement of S1 series bonds with an aggregate value approaching EUR 5 million with issue agent Michael/Strom Dom Maklerski.

Gessel has advised Cavatina Holding on its prospectus-free bond issuance program with a maximum value of PLN 50 million and related public issuance of M2024A series bonds with an aggregate value over PLN 21.5 million.

White & Case has advised PKO Bank Hipoteczny on its PLN 1 billion issuance of mortgage-covered bonds – due March 22, 2028, with a WIBOR three-month+0.55% floating coupon – with joint bookrunners Erste Group and PKO Bank Polski.

Rymarz Zdort Maruta has advised the Bank Guarantee Fund on the sale of VeloBank to US fund Cerberus Capital Management for an investment amount of more than PLN 1 billion. Linklaters advised Cerberus.

Poland's property market is experiencing both pressing challenges and emerging opportunities, according to Solivan Partner Bartosz Miszkurka, from the refinancing woes of established projects to the burgeoning demand for residential and student housing and the impacts of legislative reforms.