Hillwood Polska has received EUR 17 million in financing from Bank Pekao SA for the second hall of the fully leased Hillwood Lodz Gorna logistics park.
The Hillwood Lodz Gorna logistics park is located in the southern part of Lodz, in the Gorna district. It consists of two modern warehouses with a total area of over 115,000 square meters, and is home to multiple tenants.
“As in the case of other Hillwood logistics centers financed by Bank Pekao SA,” said Dieter Lobnig, Director of the Investment Banking and Commercial Real Estate Financing Department at Bank Pekao, “this project is also characterized by an excellent location and the highest ESG standard confirmed by the BREEAM certificate, and thus fits perfectly into the strategy of our organization.”
“We are very pleased with the cooperation with Bank Pekao SA,” noted Tomasz Jaroszewski, Vice President at Hillwood Polska. “The process of financing the second stage of the Hillwood Lodz Gorna park was carried out efficiently and professionally at every stage. We appreciate the flexibility, commitment of the bank’s team and its excellent understanding of the specifics of the logistics real estate market. We believe that our next joint projects will be equally fruitful.”
“The financing of the second stage of Hillwood Lodz Gorna confirms the strong position of our company in the logistics real estate market and the trust that leading financial institutions, such as Bank Pekao SA, have in us,” said Piotr Ludwikowski, Real Estate Finance Director at Hillwood Polska. “Thanks to this partnership, we gain the opportunity to further develop high-quality logistics projects that effectively meet the needs of our customers.”
Bank Pekao was supported in the financing process by a team from the Warsaw office of the CMS Cameron McKenna Nabarro Olswang law firm. Legal advice for Hillwood Polska was provided by the Clifford Chance law firm.
