mBank Provides PLN 80 Million for Warsaw Student Housing
Deal News | Feb 13, 2025 | CEE Legal Matters
Deloitte Legal has successfully advised mBank in securing approximately PLN 80 million in facilities for a new student housing project in Warsaw. The financing is part of a joint venture between 1 Asset Management and Solida Capital Europe to construct a private, purpose-built student accommodation offering 6,700 square meters of space and 367 beds. Legal support for the borrowers was provided by Allen Overy Shearman Sterling. The legal team from Deloitte involved Partner Associates Mariusz Banas, Jan Bagatela, Konrad Bisiorek, and Associate Alicja Rojan.
Sectors
- Real Estate
- Finance
- Legal Services
Geography
- Poland – The student housing project and financing are based in Warsaw, Poland.
Industry
- Real Estate – The article discusses a financing deal related to the construction of a student housing project in Warsaw, which falls under the real estate sector.
- Finance – This sector is relevant due to mBank's role in providing financing and the involvement of Deloitte Legal in structuring the financial aspects of the project.
- Legal Services – Deloitte Legal and Allen Overy Shearman Sterling are law firms providing legal advice for the financial transaction.
Financials
- PLN 80 million – The total amount of financing provided by mBank for the student housing project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| mBank | Lender | Company | mBank is providing approximately PLN 80 million in facilities for the student housing project. |
| 1 Asset Management | Joint Venture Partner | Company | 1 Asset Management is involved in the joint venture constructing the student housing. |
| Solida Capital Europe | Joint Venture Partner | Company | Solida Capital Europe is the other partner in the joint venture for the student housing project. |
| Deloitte Legal | Legal Advisor | Company | Deloitte Legal advised mBank on the financing deal. |
| Allen Overy Shearman Sterling | Legal Advisor | Company | This legal firm provided advice to the borrowers. |
| Mariusz Banas, Jan Bagatela, Konrad Bisiorek, Alicja Rojan | Legal Team | People | These individuals were key legal advisors from Deloitte Legal for the financing. |