Rymarz Zdort Maruta has advised Vantage on securing EUR 100 million in financing from the European Bank for Reconstruction and Development for the construction and operation of a portfolio of rental flats. Clifford Chance advised the EBRD.
Vantage is a company that develops and manages a private rented sector platform belonging to the TAG Immobilien group. It has premises in Wroclaw, Poznan, and Lodz.
According to Rymarz Zdort Maruta, "the transaction will add approximately 3,000 new affordable housing units to the Vantage portfolio. The private rented sector is a sector of the residential real estate market in which specialized, professional agents rent out residential properties."
The Rymarz Zdort Maruta team included Partner Jakub Rachwol, Senior Associate Adrian Wieslaw, and Associate Maksymilian Kaszubowski.
The Clifford Chance team included Warsaw-based Partner Andrzej Stosio, Counsel Bartosz Kaniasty, Senior Associate Anna Miernik, and Associates Aleksandra Bialyszewska, Gabriela Kobak, Maria Janiak, and Mikolaj Borusowski as well as further team members in Frankfurt and Munich.
