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.

The advising team consisted of: Maciej Chrzan (Partner); Michał Urbański (Counsel); Daria Gromotka (Associate); Dominik Grzegorzewski (Associate) and Michał Jagielski (Co-Head of Tax).

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.