Wolf Theiss advises Panattoni on obtaining financing from BNP Paribas Bank Polska for the construction of Panattoni Park Grodzisk V

Warsaw, 20 December 2023 – Wolf Theiss acted as legal advisor for Panattoni, a leading project developer for industrial and logistics real estate, with respect to securing financing from BNP Paribas Bank Polska for the construction of the modern warehouse park Panattoni Park Grodzisk V in the village of Natolin near Warsaw.

Panattoni is a leading player in logistics and industrial real estate investments, specialising in core, core-plus and value-add strategies. The extensive portfolio that positions Panattoni as the largest industrial real estate developer in Europe includes existing properties and development projects, catering to various types of investors.

The construction of Panattoni Park Grodzisk V in the Polish municipality of Natolin was financed with a loan of EUR 17 million from BNP Paribas Bank Polska. The first phase of the project will comprise 25,000 square metres and one of the first future tenants will be a global manufacturing company.

Wolf Theiss’ mandate involved advising Panattoni with regards to the financing aspects of the transaction, involving negotiations of the development and investment facilities agreement, the security documents and fulfilment of conditions precedent to drawdown of the facilities.

The Banking & Finance team advising Panattoni was supervised by Przemek Kozdój (Partner) and managed by Jan Gąsiorowski (Associate) and Maria Markowska (Associate).