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act BSWW advises on refinancing of office complex in Kraków

A Portuguese investor completed the refinancing transaction for the Porto Office complex developed in 2019. It is made up of two A-class office buildings.

act BSWW advised the investor on refinancing of this investment project.

The law firm’s team was led by Michał Wielhorski, Managing Partner. Its members were Mateusz Prokopiuk (attorney-at-law, Partner at act BSWW) and Anna Olmińska-Kieżun (trainee attorney-at-law, Associate).

“Our law firm also advised Porto Office on the earlier stages of the project, i.e. financing and leasing of both buildings,” says Michał Wielhorski, Managing Partner and Co-Head of Real Estate at act BSWW.

“act BSWW is a team of top-class professionals, thanks to which our cooperation was very efficient and ensured full protection for the investor’s interest. Except for being highly qualified and capable of providing comprehensive legal services, the team members are committed and adaptable,” says Barbara Zbyszewska, Managing Director at Porto Office.

The Porto Office complex features a total leasable area of 12,500 square meters and is LEED Gold-certified. In 2016, it won the second-degree Construction of the Year prize awarded by the Polish Association of Construction Engineers and Technicians.

Porto Office is located in the buffer zone of Bielańsko-Tyniecki Landscape Park and the popular Stare Dębniki district, very close to the Vistulan Boulevards and the future Zakrzówek Park.

The investor and developer are Porto Office B sp. z o.o. and Porto Office A sp. z o.o., special-purpose vehicles founded by Portuguese entrepreneurs that run investment projects in Portugal, Spain and Brazil. Porto Group has been actively pursuing new ventures in Poland for many years.

09.10.2020

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