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28 June 20233 minute read

DLA Piper advises Bank Pekao on the financing of Life Spot apartment projects for a total of nearly PLN140 million

The law firm DLA Piper has advised Bank Pekao S.A. on the financing of Life Spot apartment projects for a total sum of PLN 139,347,000. 

Life Spot is a new platform for long-term rental apartments in Poland. The company creates aesthetically pleasing, comfortable apartments tailored to the needs of tenants. It offers locations in Gdynia, Warsaw, Wroclaw and Lodz.

The transaction team included:

  • Katarzyna Wacławek (partner) and Bartłomiej Grela from the finance, projects and restructuring practice;
  • Michał Pietuszko (partner), Joanna Kuchna and Marek Jaźwiński from the real estate law team.

The work was supervised by Mariusz Hyla, partner, and head of the finance, projects and restructuring practice in DLA Piper's Warsaw office.

Monika Mielecka and Ewa Gawin from Bank Pekao S.A. were involved in the loan process and the reconciliation of financial documents.

We would like to thank Bank Peko S.A. for the trust it placed in our team. And we would also like to thank the Life Spot borrowers: Marek Obuchowicz, Jakub Art, Jakub Popielarczyk and Karol Urbańczyk, and its advisor, the law firm Allen & Overy, represented by Anna Mądra (partner), Maciej Wroniak and Alicja Rojan, for their professional cooperation!