Greenberg Traurig has advised P3 Logistic Parks on its acquisition of two logistics parks in Szczecin and Lodz from logistics property developer 7R. Allen & Overy advised 7R on the sale.
The logistics parks developed by 7R cover 61,450 square meters and 34,420 square meters respectively, and are both completed and fully leased.
P3 is a long-term investor, manager, and developer of European warehouse properties, fully owned by GIC, the sovereign wealth fund of the Government of Singapore. P3's portfolio in Poland amounts to more than 1.35 million square meters of gross leasable area.
The Greenberg Traurig team was led by Senior Associate Karol Lewandowski and included Partner Maciej Jodkowski, Local Partner Maciej Kacymirow, Associates Paulina Horodenska-Wieczorek, Mateusz Rogulski, Alicja Kwiatkowska, Daria Kostewicz, and Alicja Flis, Junior Associates Justyna Kozik and Hanna Zaboklicka, and Paralegal Przemyslaw Susol.
The Allen & Overy team was led by Senior Associate Malgorzata Jastrzebska and included Partner Michal Matera, Associates Katarzyna Fus-Starzec and Julia Pytko, and Intern Zuzanna Poleszak.