Pinsent Masons advises NGI Group on retail park portfolio refinancing

The Pinsent Masons team provided comprehensive legal support to the borrowers in drafting, negotiating and signing of the finance documentation, as well as in the partial buyback of selected properties.

The transactional team was led by Legal Director Jakub Zienkiewicz and Partner Bartosz Nojek, with support from Senior Associate Paulina Surma and Associate Karol Ścibor from the Banking and Finance team, as well as Senior Associate Marta Jończyk from the Real Estate team in Warsaw.

The Newgate Investment transactional team was led by Chief Financial Officer, Błażej Jurkowski and Head of Legal, Małgorzata Blank-Jankowska.

Newgate investment is an investor with a dynamically growing portfolio of retail assets, as well as a provider of professional property management services to third-party clients.

“We highly appreciate the support provided by the Pinsent Masons team throughout this transaction. Given the complexity and scale of the refinancing process, having experienced legal advisors was essential. Their expertise, dedication, and efficient management of the legal workstream contributed significantly to the successful completion of the transaction and to strengthening the foundations for Newgate Investment’s continued growth.” comments Malgorzata Jankowska Blank, Head of Legal at Newgate Investment.

All retail parks subject to the refinancing benefit from strong locations and a high occupancy rate of approximately 99%. The attractive and diversified tenant-mix is selected on an asset-by-asset basis to best meet the needs of local communities.