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Dentons and Hogan Lovells Advise on Santander Bank Financing for Silesia Business Park Acquisition

Dentons and Hogan Lovells Advise on Santander Bank Financing for Silesia Business Park Acquisition

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Dentons Warsaw has advised Santander Bank Polska S.A. on a EUR 42 million and PLN 60 million financing granted to Galtair, a special purpose vehicle controlled by ISOC Group, for the acquisition of Silesia Business Park C and D office buildings from Skanska. Hogan Lovells advised Galtair on the financing.

As previously reported by CEE Legal Matters, the subject of the sale agreement between ISOC and Skanska consisted of two new Class A office buildings with leasable area of more than 24,000 square meters located in the rapidly developing business district in Katowice (Poland). Both Dentons and Hogan Lovells were involved in the acquisition as well, with Hogan Lovells continuing to advise the ISOC Group, and Dentons advising Skanska.

Partner Mateusz Toczyski, the Head of Dentons’ Banking and Finance practice in Europe, led the firm's team on the financing. with Counsel Krzysztof Kazmierczyk leading the transaction team with the support of associate Jakub Walawski.

Hogan Lovells team on the financing was led by Partner Piotr Zawislak, the Head of the firm's Banking and Finance Group working with Senior Associate Mateusz Dereszynski.