We successfully advised Trei Real Estate Poland on obtaining 40-million-euro financing for day-to-day operations. The cross-border loan was granted by Berlin Hyp AG, a bank seated in Berlin.
JDP Real Estate Team supported the client in negotiating a facility agreement and related documentation. The main asset securing the funding is a portfolio of seven Vendo Parks.
Trei Real Estate Poland belongs to the Tengelmann group and operates in Poland in the sector of developing retail facilities (among other things, it has been developing a retail park network under the name Vendo Park) and residential properties. You will find more information in the press release on the Trei’s website.