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Greenberg Traurig, Kinstellar, and Allen & Overy Advise on GLP's Acquisition of Goodman Group’s CEE Logistics Portfolio

Greenberg Traurig, Kinstellar, and Allen & Overy Advise on GLP's Acquisition of Goodman Group’s CEE Logistics Portfolio

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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.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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