Dentons has advised the LRC Group on its acquisition of 175 apartments and commercial spaces in a modern housing estate in Warsaw.
Dentons reports that, "the asset is conveniently located in Powisle, the most prestigious part of Warsaw, in the vicinity of green areas and the Vistula river." According to the firm, "the transaction continues LRC’s strategy to increase its investment volume in Poland."
David Landwehr, Head of Operations Germany at the LRC Group, led the transaction on behalf of the company. The Dentons team included Partner Piotr Staniszewski, who supervised the project, and Counsel Jakub Sobotkowski, who led the transaction team with the support of Senior Associate Anna Kokeli-Targowska and associate Maciej Roman.
Dentons explained that it was unable to provide additional information on the deal.
Editor's Note: After this article was published, Chajec, Don-Siemion & Zyto informed CEE Legal Matters that it had advised the seller, which remained unidentified, on the deal. The CDZ team was led by Partners Andrzej Chajec and Piotr Zapalski, supported by legal advisors Olga Polowianiuk-Keczmerska and Szymon Zyto.