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Gide and Wardynski & Partners Advise on B&B Hotels - Covivio Agreement in Poland

Gide and Wardynski & Partners Advise on B&B Hotels - Covivio Agreement in Poland

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Gide Warsaw has advised B&B Hotels Polska on a cooperation agreement with Covivio and on the sale and leaseback of three hotels. Covivio was advised by Wardynski & Partners.

The transaction consists of the sale of hotels in Warsaw, Krakow ,and Lodz to Covivio, with B&B Hotels Polska continuing to operate the hotels under long-term lease agreements.

At the same time the parties concluded an agreement to cooperate on B&B Hotels' further expansion in Poland.

Since 2010, B&B Hotels and Covivio have been working together on major hotel projects in France, Spain, and Germany, with 157 hotels with a total capacity of 1,715 beds.

Gide's team consisted of Counsel Blazej Czwarnok, and Associates Rafal Osetek, Ewa Zbikowska, and Mateusz Rojek.

Wardynski's team included Partner Michal Glinski and Associates Barbara Majewska, Jakub Baranowski, and Mateusz Rydzewski.

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
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  • 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

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