SSW Spaczynski, Szczepaniak & Partners has advised Waimea Holding SA on the sale of warehouse and production center in the North-West Logistic Park in Szczecin to the Exeter Property Group. Dentons advised the buyer on the deal. The transaction value amounts to approximately PLN 180 million (approximately EUR 41.2 million).
Waimea Holding is a developer specializing in building and renting modern warehouse, production, and office space. Exeter Property Group is a US fund specialized in acquisitions, leasing, and property management of logistics and industry.
The transaction includes four warehouses with a total area of 64,000 square meters, all 100% leased.
The SSW team was led by Partners Maciej Duch and Sebastian Ponikowski.
The Dentons team was led by Partner Krzysztof Sajewski, supported by Counsel Marcin Swierzewski and Senior Associate Michal Prochwicz.