News Article financing investment Poland PRS Resi4Rent
by Property Forum | Investment

Resi4Rent has announced on LinkedIn that it has secured financing worth PLN 613 million to expand its portfolio of PRS flats. The funds raised will be used to build 2,700 new units in Kraków, Wrocław, Poznań and Gdańsk. 

The financing was provided by a consortium of banks Bank Pekao S.A. (share in financing of PLN 331 million), Santander Bank Polska (PLN 165 million) and BNP Paribas Bank Polska (PLN 117 million). Bank Pekao acts as the credit agent and collateral agent. 

The law firms Linklaters and DLA Piper provided legal support in the transaction.