Dentons’ Banking and Finance team in Warsaw has advised BGŻ BNP Paribas on a €17 million financing granted to three Yareal Group companies to refinance the purchase costs of three properties in Warsaw intended for the construction of residential buildings with total area of approximately 110,000 sq.m.

The scope of Dentons’ legal advice included the due diligence of property documents, borrower companies and projects, as well as the preparation of three credit documentation packages.

Partner Mateusz Toczyski, Head of Dentons’ Banking and Finance practice in Europe, supervised the project. Counsel Bartosz Nojek led the transaction team with the support of associates: Justyna Machnicka, Magda Kulesza and Marta Borowska. Counsel Michał Siwek, senior associate Joanna Misztal-Dzitko and associate Karolina Bandzul worked on the due diligence report.

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