Clifford Chance advises Bank Pekao on the financing of the acquisition and redevelopment of three logistics centres of approx. 150,000 sq. m

International law firm Clifford Chance advised Bank Pekao S.A., one of the largest financial institutions in the CEE region and the second largest universal bank in Poland, on the ca. €106 million (over PLN 500 million) financing of the acquisition and redevelopment, by three SPVs, of three logistics centres.

The portfolio is located in and around Warsaw and will provide approx. 150,000 sq. m of modern logistics space once redeveloped. The assets include: City Point Targówek, Logistics Point Raszyn and Logistics Point Piaseczno.

The Clifford Chance team was supervised by Daniel Kopania (Partner, Real Estate & Construction), with the real estate finance work led by Maciej Bocheński (Counsel) and Tomasz Walerowicz (Senior Associate). Joanna Satkiewicz (Senior Associate), supported by Agata Parys (Associate), was responsible for real estate law issues.