Vantage has secured EUR 100 million in financing from the European Bank for Reconstruction and Development for the construction and operation of a portfolio of rental flats.
Vantage, which develops and manages a private rented sector platform belonging to the TAG Immobilien group, has premises in Wroclaw, Poznan, and Lodz.
According to the Rymarz Zdort Maruta law firm, which advised Vantage on the deal, “the transaction will add approximately 3,000 new affordable housing units to the Vantage portfolio. The private rented sector is a sector of the residential real estate market in which specialized, professional agents rent out residential properties.”
The Clifford Chance law firm advised EBRD on the deal.