Deloitte Legal advised Bank Pekao S.A. on the facilities for Student Depot for its new projects in Warsaw and Kraków

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Deloitte Legal advised Bank Pekao S.A. on the facilities for Student Depot for its new projects in Warsaw and Kraków

Warsaw, 28 January 2022

We are pleased to announce Deloitte Legal advised Bank Pekao S.A. on the construction, investment and VAT facilities made available to two subsidiaries of Student Depot for its new projects in Warsaw and Kraków.

The proceeds will be used, among other thing, for the construction and development of two private dormitories in Warsaw and Cracow. Deloitte Legal team advised on all aspects of the transaction, in particular with regard to the finance documents and the comprehensive due diligence review of the borrowers’ title to the properties.

Student Depot (a subsidiary of Kajima Europe and Griffin Capital Partners) owns the first and the biggest network of private premium dormitories in six Polish major cities.

The Deloitte Legal banking and finance team was led by Katarzyna Jakubiak, partner and assisted by Anna Kasprzak, senior associate. The due diligence process was coordinated by Michał Zieniewski, partner and Jerzy Oppeln-Bronikowski, senior associate.

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