Dentons has advised Globalworth on the EUR 145 million financing from Germany's Aareal Bank AG to refinance its obligations regarding the Skylight and Lumen office complex and the Hala Koszyki multifunctional facility in Warsaw. DLA Piper advised Aareal Bank.
Part of the Globalworth portfolio since 2018, the Skylight and Lumen buildings are, according to Dentons, "among the best-known office buildings in Warsaw, located in the immediate vicinity of the Zlote Tarasy shopping gallery." Hala Koszyki, designed in the Art Nouveau style and erected over 100 years ago as a market hall, has been partially restored and reopened in 2016 as a modern multifunctional facility. All properties covered by the financing are BREEAM certified with a rating of Excellent, the firm reported.
Globalworth is a real estate company and office investor in Central and Eastern Europe, with a focus on Poland and Romania. The firm is listed on the AIM segment of the London Stock Exchange.
The Dentons team was led by Partner Piotr Nerwinski and included Counsel Patrycja Polasz and Associate Aleksandra Grzeskowiak.
The DLA Piper team was led by Partner Mariusz Hyla and included Senior Associate Anna Jarczok, Associate Ewelina Szlachcic, and Junior Associate Daniel Jakubiak.
