The financing was used by the investor to acquire The Bridge office building in Warsaw from Ghelamco. The €285 million acquisition is one of the largest transactions completed in the Polish office market in recent years.
Pinsent Masons provided comprehensive support to the lenders in preparing, negotiating and signing the finance documents.
The transaction was led by Partner Bartosz Nojek and Senior Associate Paulina Surma, supported by Associate Kamil Bator from the Banking and Finance team in Warsaw. The legal due diligence was conducted by Partner Piotr Staniszewski, Senior Associate Kamil Igielski and Associate Kamil Gapski from the Real Estate team.
The Bridge, located at the intersection of Towarowa and Grzybowska streets in Warsaw, has been developed adjacent to the historic former headquarters of Bellona Publishing House, dating back to 1958. The complex offers more than 55,000 sq m of A-Class office space, as well as an observation terrace on the 40th floor, reserved exclusively for tenants. As the first office development in Central and Eastern Europe, The Bridge has achieved both SmartScore and WiredScore certifications at the highest Platinum level.