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Wolf Theiss Advises Erste Group on EUR 48 Million Financing for Quorum Building Complex

Wolf Theiss Advises Erste Group on EUR 48 Million Financing for Quorum Building Complex

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Wolf Theiss has advised the Erste Group on the up to EUR 48 million financing to Cavatina Holding for the Quorum Building Complex in Wroclaw.

Krakow-based Cavatina Holding is an investment holding company focusing on the management of capital group companies that are mainly engaged in construction, investment, and general contractor activities.

According to Wolf Theiss, “the financing, which commenced in October, is designed to equip the Polish developer with the necessary capital for refinancing the expenses associated with the Quorum D office building, up to a sum of EUR 25 million. Additionally, it will allocate up to EUR 20 million for the continued development of the Quorum A construction. An extra allocation of EUR 3 million is included to address VAT obligations.”

The Wolf Theiss team included Partner Przemek Kozdoj, Counsel Iwona Huryn, Senior Associate Michal Pawlak, and Associates Jan Gasiorowski and Maria Markowska.

Wolf Theiss did not respond to our inquiry on the matter.

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Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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