WARSAW—Valad Europe, a leading diversified real estate investment manager, has completed a $421 million (€310M) refinancing of its Valad Polish Retail Fund through three new loan facilities.

Seven out of the nine assets owned by the fund were refinanced under a $230 million (€169M) term loan facility provided by ING Bank Slaski, who also acted as arranger, Alior Bank, Bank Zachodni WBK, Skandinaviska Enskilda Banken and Bank Millennium.

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