Henderson Park Secures €148.6 Million Refinancing for Polish Offices
Deal News | Feb 27, 2025 | Henderson Equity Partners
Henderson Park, an international private equity real estate firm, in collaboration with EPP, has successfully secured a €148.6 million refinancing package from Berlin Hyp AG and PKO Bank Polski. The financing is aimed at a Polish office portfolio comprising the Malta Office Park in Poznan, the O3 Business Campus in Krakow, and the Symetris Business Park in Lodz. These assets are collectively managed in a joint venture by Henderson Park and EPP. The move highlights the robust management of the portfolio and the secured tenancy that these Grade A buildings offer in key Polish cities. Despite challenging market conditions, the refinancing deal underscores the confidence financial institutions have in these high-quality, BREEAM-certified properties, wholly powered by renewable energy. Legal services for the lenders were provided by Wolf Theiss, while Linklaters represented the borrowers.
Sectors
- Real Estate
- Finance
Geography
- Poland – The office portfolio involved in the refinancing transaction is located in various cities in Poland, including Poznan, Krakow, and Lodz.
Industry
- Real Estate – The article focuses on refinancing a real estate portfolio, indicating that the companies involved are deeply engaged in the management and development of commercial properties.
- Finance – The article discusses the financial transaction of refinancing involving significant loans from banks, highlighting its relevance to the finance industry.
Financials
- €148.6 million – The amount secured for refinancing the Polish office portfolio.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Henderson Park | Joint Venture Partner | Company | Henderson Park is an international private equity real estate firm involved in the joint venture of the refinanced portfolio. |
| EPP | Joint Venture Partner and Asset Manager | Company | EPP is responsible for asset management of the office properties and plays a key role in securing the refinancing deal. |
| Berlin Hyp AG | Lender | Company | One of the financial institutions providing the refinancing loan. |
| PKO Bank Polski | Lender | Company | Another financial institution providing the refinancing loan. |
| Wolf Theiss | Legal Advisor for Lenders | Company | Provided legal services for the lenders involved in the refinancing. |
| Linklaters | Legal Advisor for Borrower | Company | Represented the borrower in the refinancing transaction. |
| John Fletcher | Senior Principal at Henderson Park | Person | Commented on the significance of the refinancing deal. |
| Sylwia Piechnik | Head of Office Leasing and Asset Management at EPP | Person | Commented on EPP's role in managing and securing the refinancing deal. |