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Deloitte Legal advised the Tewox group on a EUR 78,000,000 loan from Deutsche Pfandbriefbank AG

Deloitte Legal has advised entities within the Tewox group (the fund managed by Lords LB Asset Management) in securing a loan for the refinancing of six retail parks and the acquisition of two brand new retail parks. The loan of EUR 78,000,000 was extended by Deutsche Pfandbriefbank AG.

The portfolio includes retail parks located in Wrocław, Głowno, Kalisz, Świdnica, Puławy, Przemyśl, along with two projects currently under acquisition in Poland, totaling a gross lease area of 64,000 m².

AB Tewox, a special closed-ended real estate investment company, specializes in managing and developing grocery-anchored retail properties in the Baltic Sea Region. The investment company is managed by Lords LB Asset Management UAB, one of the largest investment management companies in the Baltic States, overseeing over €1.34 billion in gross assets.

A heartfelt thank you to the Tewox team for entrusting us with this important undertaking.

The Deloitte Legal team included Mariusz Banaś (Local Partner) and Ryszard Rutkowski (Associate).