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Gide Advises on Polish Shopping Center Refinancing

inyourpocket.com

Poland
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Gide Loyrette Nouel has acted for Unibail-Rodamco on a EUR 200 million refinancing of the Galeria Mokotow Shopping Centre in Warsaw.  

The firm classified the deal as "one of the most significant real estate financing projects on the Polish retail market." The new credit facility was extended by Berlin Hyp AG and Helaba Landesbank Hessen-Thüringen.

Galeria Mokotow, which opened in 2000, is the second largest shopping centre in Poland, with a total retail area of 62,500 square meters.

Unibail-Rodamco was advised by Gide Partner Hugues Moreau, and Associates Mateusz Gronau & Pawel Jaskiewicz.