Hillwood Polska has finalised a portfolio financing transaction with Bank Pekao S.A., covering four warehouse projects: Hillwood Rawicz, Hillwood & Lcube Wrocław East, Hillwood Łazy (phases I and II) and Hillwood Łódź Chocianowice. The total credit amount is €160 million. The portfolio covered by the transaction offers a combined 310,000 sqm of leasable space.
The transaction includes four assets located in key logistics regions of the country - near Warsaw, in central Poland and in Lower Silesia and Greater Poland. The agreement is part of active management of Hillwood Polska's portfolio financing structure and confirms the developer's strategy of expanding and maintaining high-quality assets in key logistics locations in the country.
"Portfolio financing for Hillwood Polska represents another stage of multi-year, partnership cooperation based on mutual trust and high-quality project implementation," says Dieter Lobnig, director of Investment Banking and Real Estate Financing at Bank Pekao. "The transaction confirms the parties' ability to effectively manage complex financing structures and joint commitment to developing modern logistics infrastructure in Poland."
"We are very satisfied with our cooperation with Bank Pekao S.A. - both with the financing conditions offered and the efficiency of the entire process," says Tomasz Jaroszewski, Vice President at Hillwood Polska. "This transaction, covering four projects in different locations simultaneously, required efficient action on many levels and that's exactly what we received from our partner."
All financed Hillwood facilities are modern class A logistics centres, certified in the BREEAM system at Excellent level, designed with the highest operational standards, energy efficiency and flexible adaptation to the needs of tenants from various economic sectors. The portfolio includes strategically located projects in key regions of Poland, offering access to the most important transport routes and domestic and international markets.
