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GT and Dentons Advise on EUR 285 Million Sale of Cromwell Property Retail Portfolio to Star Capital Finance

GT and Dentons Advise on EUR 285 Million Sale of Cromwell Property Retail Portfolio to Star Capital Finance

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Greenberg Traurig has advised the Cromwell Property Group on its EUR 285 million sale of a real estate portfolio consisting of six retail centers located in Warsaw, Szczecin, Wroclaw, Lodz, Torun, and Bydgoszcz to Star Capital Finance. Dentons advised Star Capital Finance.

The Cromwell Property Group is a real estate investor and fund manager.

According to Greenberg Traurig, the portfolio totals more than 219,000 square meters with occupancy above 95% and anchor tenants including Auchan, Bi1, LPP Group, Inditex Group, CCC Group, Rossmann, RTV EURO AGD, and Cinema City. "The Cromwell Property Group will continue to act as asset manager of the shopping centers on behalf of Star Capital Finance."

The Greenberg Traurig team included Partner Maciej Jodkowski, Local Partners Malgorzata Kercz and Justyna Szwech, Counsel Karol Lewandowski, Associate Paulina Horodenska-Wieczorek, and Junior Associate Hanna Zaboklicka.

The Dentons team included Warsaw-based Partner Piotr Szafarz, Managing Counsel Jaroslaw Stapel, Counsel Jakub Zienkiewicz, Senior Associate Joanna Poplawska, and Associates Agnieszka Jaworska, Wojciech Grochola, and Kamil Batorm as well as Prague-based Partner Jiri Strzinek and Associate Jan Sedlak.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

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