Eversheds Sutherland has advised Bank Pekao on its financing for 7R's warehouse development in Katy Wroclawskie.
According to Eversheds Sutherland, the credit facility comprises a "EUR 16.5 million convertible construction and investment term facility and a PLN 16 million revolving VAT facility."
7R is a Poland-based developer that offers its clients warehouse and industrial facilities. 7R has been active in the commercial real estate sector since 2008, has delivered 1.8 million square meters of gross leasable area, and is developing a further 2.3 million square meters in Poland and the Czech Republic.
The Eversheds Sutherland team included Partners Mateusz Dereszynski and Michal Smolny, Counsel Adrian Ziolkowski, Attorneys at Law Rafal Wlodzimierz and Marcin Gruszka, and Associate Grzegorz Witczymiszyn.