Linklaters has advised Skanska on the co-creation of a business ecosystem called "Business Link" with Akademickie Inkubatory Przedsiebiorczosci, the largest network of co-working space and private offices in Poland. The joint venture, according to Linklaters, "will enable the developer to create the most comprehensive commercial office proposition available to a wide range of businesses in the CEE market."
According to Linklaters, "Skanska will jointly control the venture while remaining as the minority investor as part of a sustainable business partnership. The developer, as an equal partner, will not take over the start-up company but will be investing in its development."
Finally, Linklaters reports, "the new platform with Business Link will create an innovative space for both the developing network of start-up, small and medium-sized businesses and the business services sector to find flexible commercial property together with a package of additional services such as acceleration and mentoring programs. The venture will also contribute to the development of entrepreneurship in Poland and the CEE region."
The Linklaters team consisted of Managing Associate Klaudia Krolak and Of Counsel Michal Miecinski.