BSWW Legal & Tax has advised Rank Progress on the EUR 26.7 million sale of Galeria Swidnicka to the Catalyst Capital Fund (an SPV of Calioppe Investments). The Solivan firm advised the seller on the deal.
Galeria Swidnicka is located in Swidnica, Poland, in the place of a former electrotechnical facility. According to BSWW, "in terms of its design, the investment is consistent with the industrial city district where it is located. Red clinker bricks pay a tribute to Lower Silesia tradition and soft lines balance out the austerity of the project." The shopping center covers a total area of 24,000 square meters, claims floor space of 15,600 square meters, and has 400 parking places for customers. Major tenants include Apart, CCC, Cropptown, Diverse, Esotiq & Henderson, House, Sinsay, Mohito, Monnari, Orsay, Reserved, Giacomo Conti, Wojas, Big Star, Empik, Intermarche, Kolporter, Media Expert, Pepco, JYSK, Rossman, and ITAKA.
“It is not the first project of this type handled by us for Rank Progress in 2016," said BSWW Managing Partner Michal Wielhorski, who led the firm's team on the deal. "We are glad that once more the leader in the construction of large-format buildings trusted us and appreciated out knowledge, experience and skills in terms of major real estate transactions."
Wielhorski was supported by BSWW lawyers Mateusz Prokopiuk, Marcelina Daszkiewicz, and Izabela Zmijewska.
The Solivan team was led by Partners Bartosz Miszkurka and Dariusz Zboch, supported by Partner Kamil Zurek and Justyna Chabocka.
Image Source: Swidnica24.pl