JDP successfully advised Trei Real Estate in obtaining over EUR 70 million funding for its day-to-day operations

The JDP Real Estate team advised Trei Real Estate Poland on obtaining a bank loan of EUR 73.5 million to finance its current activities. The cross-border loan was granted by Deutsche Pfandbriefbank AG seated in Garching, Germany, and has already been disbursed.

JDP drafted and negotiated the loan agreement, all related documentation and collaterals. The main asset that secures the funding is a portfolio of 61 properties with retail facilities located thereon.

The borrower was advised by Maciej Chrzan (Partner, Head of Real Estate) and Michał Urbański (Counsel) with valuable inputs of other lawyers from the JDP Real Estate team: Daria Gromotka (Associate); Dominik Grzegorzewski (Associate) and Karolina Janczura-Królasik (Associate).

You will find more information on the transaction on the Trei website.

This transaction is another cross-border loan provided by Deutsche Pfandbriefbank AG to our client. The first one, backed by a portfolio of 40 properties with retail facilities, was granted in 2020. The first transaction was also handled in legal terms by JDP (for more information click HERE).

Trei Real Estate Poland belongs to the Tengelmann group. It operates in Poland in the sector of developing retail facilities (among other things, it has been developing a retail park chain under the name Vendo Park) and residential properties under the Trei Residential brand.

JDP is an expert and independent law firm. Our legal services in real estate transactions include comprehensive assistance to all parties to a facility arrangement, including cross-border projects, as was the case with Trei Real Estate.