JDP has advised Trei Real Estate GmbH as a borrower on obtaining financing for its Polish subsidiaries in an amount of 51 million euro for acquisition activities. The advice included, among others, support in negotiating a loan agreement and collateral agreements, assistance in a legal due diligence review of forty shopping properties that were the subject of financing collateral agreements and preparing of legal opinions. This was a cross-border financing granted by a German bank. On behalf of the borrower the transaction was handled by Maciej Chrzan, Partner, Michał Urbański, Senior Associate, and Daria Gromotka, Associate.
You will find more information in a press release by Trei.
Trei Real Estate GmbH belongs to Tengelmann group and operates in Poland through Trei Real Estate Poland sp. z o.o. that carries out operations in the field of shopping properties and, among other things, also develops a shopping parks chain run under the name Vendo Parks, and Trei Residential sp. z o.o. sp.k. operating in the field of residential properties.