The Warsaw office of Hogan Lovells has advised the ISOC Group on the acquisition of the C and D buildings of the Silesia Business Park from Skanska. Dentons advised Skanska on the sale.
The transaction involved two new class A office buildings with leasable area of over 24 thousand square meters. The Silesia Business Park is located in a business district of Katowice, in Poland. ISOC and Skanska signed the final sale agreement on December 21, 2018.
The ISOC Group is a real estate and industrial infrastructure investment company based in the Philippines. The acquisition of buildings C and D of the Silesia Business Park is one of its first real estate transactions in the Polish market. “We are excited by this investment in the Silesia Business Park, and intend to continue investing in Poland,” said Michael Cosiquien, Chairman of the ISOC Group.
The Hogan Lovells team consisted of Partners Marek Grodek, Andrzej Debiec, and Piotr Zawislak, Counsels Bartosz Clemenz, Zbigniew Marczyk, and Ewa Kacprek, Senior Associates Michal Zajaczkowski, Ewa Kraszewska, and Mateusz Dereszynski, Advocate Marta Popis, Associate Damian Gadomski, Lawyers Jakub Matusielanski, Jakub Baczuk, Pawel Gnas, and Weronika Wolosiuk, and Junior Associate Adam Nowosielski.
The Dentons team was led by Partner Bartlomiej Kordeczka and included Senior Associates Hanna Zarska and Kamila Urbanska and Associates Adrianna Konczak and Maja Cywinska.