Linklaters has advised Chariot Group on the sale of the M1 Marki shopping center to Redefine Europe. Cliffe Dekker Hofmeyr reportedly advised Redefine on the deal.
The value of the deal is undisclosed.
Chariot Group is an investment platform managed by Griffin Real Estate on behalf of an investment consortium.
Redefine Europe is a wholly-owned subsidiary of Redefine Properties Limited, a real estate investment trust listed on the Johannesburg Stock Exchange.
According to Linklaters, “M1 Marki is a 44,000-square meter prospering shopping center with two retail buildings and a diverse tenant mix. Located in the northeast of Warsaw, the facility has both large-format shops and service outlets with anchor tenants such as home improvement supplies store OBI and hypermarket Auchan.”
Linklaters team in Warsaw was led by Managing Associate Tomasz Trystula and included Counsel Christopher Quinn, Senior Associate Jakub Wozniak, and Associate Bartosz Boenigk, with a further team in Amsterdam.
