Greenberg Traurig has provided Polish advice to GLP on its acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio. Kirkland & Ellis served as global legal counsel to GLP, while Kinstellar provided local legal advice with respect to the Czech, Slovak, and Hungarian aspects of the transaction. Goodman Group was advised by Allen & Overy.
Closing of the transaction remains subject to customary regulatory approvals.
Greenberg Traurig describes GLP as "an investment manager and business builder in logistics, real estate, insurance, and related technologies sectors.” It operates across Brazil, China, Europe, India, Japan, and the U.S. and has approximately USD 89 billion in assets under management in real estate and private equity funds.
Also, the firm reports that “Goodman Group’s Central and Eastern European approximately 40-strong team in the region will join GLP’s European team, Gazeley, upon the completion of the transaction. The acquired 2.4 million square meter portfolio is concentrated on key logistics routes across the region with access to growing markets for e-commerce and distribution.”
Greenberg Traurig’s team included Partner Jolanta Nowakowska-Zimoch, Local Partners Dominik Rafalko and Anna Halas-Krawczyk, Senior Associate Pawel Jaskiewicz, and Associates Aleksandra Kaczmarek, Jakub Gajzler, Maxymilian Rybczynski, Alicja Flis, Aleksandra Staromiejska, Tomasz Szekalski, Grzegorz Socha, Iga Czerniak, Natalia Wolkowycka, and Marta Kownacka.
Kinstellar's team in Prague included Partners Klara Stepankova and Jan Juroska and Senior Associate Rudolf Schichor. Its Bratislava team included Partner Viliam Mysicka and Associate Dasa Labasova, and its team in Budapest included Managing Associate Monika Frank and Associates Laszlo Palocz and Bertalan Vanya.
Allen & Overy's team included Partner Michal Matera, Senior Associates Maciej Skoczynski, Marcin Czaprowski, Lukasz Lech, Michal Gajdus, and Maciej Kulawik, and Associates Malgorzata Jastrzebska and Katarzyna Fus.