Sun, Jan
70 New Articles

Act BSWW Advises Moderna Holding on Acquisition of Gdansk-Based Real Estate Developer

Act BSWW Advises Moderna Holding on Acquisition of Gdansk-Based Real Estate Developer

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Act Legal Poland has advised Moderna Holding sp. z o.o. on its acquisition of 100% shares in Przedsiebiorstwo Budowlane Kokoszki S.A., a Gdansk-based developer company.

Following the transaction, Moderna’s portfolio features a usable residential area of 150 thousand square meters. The company pursues investments in multi-family and office buildings segment of the Tri-City and Warsaw market.

Moderna and Kokoszki will continue to operate as separate entities under the umbrella of Moderna Holding.

“Both companies have a similar organizational chart and operate within the same multi-family and office building segment, but have different target groups,” said President of Moderna Holding Management Board Adam Malaczek. “We have gained immense potential to increase stability and liquidity of project implementation which, in light of complex administrative and civil regulations, will facilitate flexible process management and give us an edge over our competition. In the end, it is the buyers of standard and high-end apartments who will benefit the most from the transaction."

Kokoszki was founded in 1969. Its portfolio includes over dozens of residential, special-use, and commercial buildings, with the Baltic Philharmonic and Opera among them.

The Act BSWW team was led by Managing Partner Piotr Smoluch, supported by Partner Jakub Salwa and Senior Associate Michal Pawlak.

Act BSWW did not reply to our inquiries about the deal

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue