Helaba and PBB Extend EUR 100 Million Financing for Globalworth
Deal News | May 22, 2025 | CEE Legal Matters
Dentons has successfully advised Helaba Landesbank Hessen-Thueringen and PBB Deutsche Pfandbriefbank on extending a EUR 100 million financing facility for Globalworth by five years. This facility originally commenced in 2018 and backs a portfolio of office properties situated in Poland, which includes major sites such as the Centrum Biurowe Lubicz in Krakow, Tryton Business Park in Gdansk, and Spektrum Tower in Warsaw. The legal guidance offered by Dentons was comprehensive, featuring the expertise of a team led by Partners Bartosz Nojek and Bartlomiej Kordeczka. Greenberg Traurig represented Globalworth, with their advisory work led by Partner Piotr Nerwinski.
Sectors
- Finance
- Real Estate
- Legal Services
Geography
- Poland – The portfolio properties involved in this financing extension are located in Poland, including cities like Krakow, Gdansk, and Warsaw.
- Germany – Both Helaba and PBB are based in Germany, hence involved in the extension of financing services cross-border.
Industry
- Finance – The financial industry involves Helaba Landesbank Hessen-Thueringen and PBB extending a significant financing facility.
- Real Estate – The financing extension pertains to a portfolio of real estate properties managed by Globalworth, focusing on office properties in Poland.
- Legal Services – Both Dentons and Greenberg Traurig provided legal advisory services for the financing extension deal.
Financials
- EUR 100 million – The amount of the financing facility extended to Globalworth for a further five years.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Helaba Landesbank Hessen-Thueringen | Lender | Company | A German bank providing financing solutions, part of the lending party in this deal. |
| PBB Deutsche Pfandbriefbank | Lender | Company | A leading European specialist bank for real estate financing, involved in extending the financing facility. |
| Globalworth | Borrower | Company | A real estate investment company focused on office properties, borrower of the financing facility. |
| Dentons | Legal Advisor to Lenders | Company | Provided legal advisory services to Helaba and PBB for the extension of the financing facility. |
| Greenberg Traurig | Legal Advisor to Borrower | Company | Represented Globalworth in the financing extension, providing legal counsel. |