Hillwood has announced it received an additional EUR 120 million in financing from Aareal Bank to finance four operating warehouse projects located in Poland.
The transaction included the refinancing and upsizing of the existing facility, bringing the total value of financing provided by Aareal Bank to the Hillwood Polska portfolio to almost EUR 440 million.
“We consistently adjust the financing structure of our portfolio to reflect the maturity stage of assets and our further growth plans,” Hillwood Vice President Tomasz Jaroszewski commented. “Once again, our cooperation with Aareal Bank proved seamless and strategically aligned with our business objectives, ensuring an efficient and well-executed process.”
Hillwood’s EU Industrial Club III secured a EUR 368.19 million loan from Aareal Bank AG in 2024 (as reported by CEE Real Estate Matters on December 23, 2024).
Image source: hillwood.pl