Greenberg Traurig has advised Bank Gospodarstwa Krajowego on the PLN 2 billion sale of investment certificates in the Rental Housing Fund and the Housing Sector Development Fund to Polski Fundusz Rozwoju. Rymarz Zdort advised the buyer.
According to Greenberg Traurig, the operation of both funds implements the objectives of the Apartment Plus government housing program.
Bank Gospodarstwa Krajowego is the Polish state development bank. Its activities involve the development of housing and infrastructure.
Polski Fundusz Rozwoju is a group of financial and advisory institutions for entrepreneurs, local governments, and individuals investing in the sustainable social and economic development of the country.
The Greenberg Traurig team was led by Local Partner Michal Bobrzynski and included Partner Rafal Sienski and Senior Associate Joanna Kuc.
The Rymarz Zdort team included Partners Jakub Zagrajek and Monika Kierepa and Associate Pawel Mazur.