CMS has advised BIG Poland on a portfolio financing granted by Bank Polska Kasa Opieki S.A. This financing will fund the acquisition of two new retail parks, Power Park Olsztyn located in Olsztyn and Multishop Suwałki located in Suwałki, as well as the refinancing of the existing debt of three companies from BIG Poland group, BIG Ostróda sp. z o.o., BIG Łubna sp. z o.o. and ATUT Myszków sp. z o.o., which own retail parks in Ostróda, Łubna and Myszków.
BIG Poland currently owns nine fully operational retail parks across various locations in Poland (Łubna near Warsaw, Lubin, Andrychów, Gorzów Wielkopolski, Ostróda, Włocławek, Myszków, Olsztyn and Suwałki). This transaction significantly reinforces the BIG Poland’s position in the country’s retail park sector.
The CMS team was led by Karolina Bandzul-Król, and included Katarzyna Kaptur and Bartosz Potrykus, under the supervision of Michał Mężykowski (Banking & Finance).