CMS has advised the European Bank for Reconstruction and Development on its acquisition of a 35% stake in the Lviv M10 industrial park project in Western Ukraine, developed by Dragon Capital. Aequo reportedly advised Dragon Capital.
According to CMS, “the Lviv M10 industrial park is a modern multi-phase multi-tenant industrial park located 60 kilometers from the Ukraine-Poland border. It will create warehouse and manufacturing space that will help the country expand access to vital services and products. Under the joint venture with Dragon Capital, the EBRD is investing USD 24.5 million in the project (with an investment of USD 5.5 million in the first phase).”
CMS’ team included Partners Tetyana Dovgan and Graham Conlon, Of Counsel Eszter Torok, Senior Associate Mariana Saienko, and Associate Ihor Pavliukov.