News - LCP Poland secures €40 million refinancing #Erste Group #Financing #M Core #Poland #Refinancing #Retail #Shopping Centre

by Property Forum | Retail

LCP Poland, part of M Core, has signed a €40 million loan agreement with Erste Group Bank AG for the refinancing of the Emka Koszalin shopping centre, the company announced on LinkedIn.


The transaction marks a milestone for the company and reflects months of commitment and cooperation across all teams involved. "This achievement marks an important milestone and reflects many months of commitment, expertise, and close cooperation across all teams involved," the company stated.

The deal represents the beginning of a business partnership between LCP Poland and Erste Group Bank AG in Poland. The collaboration builds on existing cross-border lending cooperation that began in Romania with the launch of M Core in that market.

Dentons provided legal support for the transaction, with team members including Bartosz Nojek, Jakub Zienkiewicz, and Krzysztof Chlebowski. KNP also contributed legal expertise through Milena Nowosielska and Bartosz Lewandowski.

The LCP team involved in the transaction included James Fife, Benjamin Lee, Piotr Polakowski, Monika Korytowska, Joanna Zdyb, Joanna Hubko, Ireneusz Turczyński, Karolina Piasecka, Przemysław Czesław Wysocki, Michał Grochala, Tomasz Lichnerowicz, and Anna Wojtczuk.