25.10.2021

WKB advised of BNP Paribas Bank Polska S.A. and Santander Bank Polska S.A. on financing the construction of a number of logistics centers by Panattoni Group companies

WKB advised BNP Paribas Bank Polska S.A. and Santander Bank Polska S.A. on financing the construction of a number of logistics centres by Panattoni Group companies.

The two separate financing transactions involved the advance of development and VAT facilities by BNP Paribas Bank Polska S.A. and Santander Bank Polska S.A. to entities within the Panattoni Group, a leading global warehouse developer, for the purpose of constructing warehouse projects in Kraków and Wrocław respectively. Our advice covered the preparation and negotiation of the finance documents, as well as support in verifying the conditions for the disbursement of funds and providing ongoing advice regarding the financing. WKB also prepared due diligence reports on both investments.

The WKB team advising the clients on the financing included Marcin Smolarek (partner), Michał Kalicki (counsel), Sebastian Łyś (associate) and Marcin Lorenc (junior associate), while the due diligence reports were prepared by Anna Wyrzykowska (partner), Marta Czarnecka (managing associate) and Marta Pałyga (junior associate).

These are yet another warehouse investments financed with the participation of our firm in recent times when our firm advised banks. Thank you to BNP Paribas Bank Polska S.A. and Santander Bank Polska S.A. for your trust and colleagues from Deloitte Legal for the cooperation.

Related Practice Areas:

Banking & Finance

Real Estate

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