Global law firm Clifford Chance advised EPP, the largest asset manager of retail real estate located in Poland in terms of gross leasable area (GLA), along with Echo Investment, the biggest Polish developer, on securing a loan worth EUR 145.2 million for the new financing of the Galeria Mlociny shopping centre located in Warsaw.
The five-year financing was classified as meeting the EU Taxonomy. Galeria Mlociny, owned by EPP (70% stake) and Echo Investment (30% stake), complies with the environmental objective of the EU Taxonomy on climate change adaptation.
The Clifford Chance team advising on the refinancing was composed of Milosz Golab (Partner), Bartosz Zielinski and Krzysztof Burda (Associates).
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