SSW Pragmatic Solutions has advised Waimea Holding on the sale of the logistics and production centre North-West Logistic Park 2 in Szczecin to an Exeter Group company. Reportedly, Bird & Bird advised Exeter on the deal.
Waimea Holding is a developer specialising in the construction and leasing of warehouse, manufacturing, and office space.
Exeter Group is involved in the acquisition, lease, and management of industrial properties, business parks and urban warehouses in Poland.
According to SSW, “the complex consists of three halls with a total area of approximately 11,000 square meters. North-West Logistic Park 2 was the subject of a lease agreement with mLeasing; it has been fully commercialized and already released to the tenant.”
In 2017, SSW advised Waimea on the sale of North-West Logistic Park 1 to Exeter (as reported by CEE Legal Matters on January 9, 2017). Last year, in 2021, SSW also advised Waimea on a development management agreement with Fortress Fund for the development of two warehouse parks in the Polish communities of Bydgoszcz and Stargard (as reported by CEE Legal Matters on January 21, 2021).
SSW’s team included Counsels Robert Wodzynski and Zbigniew Makowski, Senior Managing Associate Marta Popis, and Associates Kamil Wroblewski and Krystian Trzcinski.