Greenberg Traurig has advised Wing Group and Griffin Capital Partners on their joint acquisition of a 60% stake in Bauwert.
According to Greenberg Traurig, the “Wing Group will have a controlling interest in the company. The transaction is expected to close early next year.”
Bauwert is a residential and commercial developer focusing on the Berlin market. Wing is a real estate developer and investor in the Central and Eastern Europe real estate market, with a strong presence in Hungary and Poland. Griffin is a privately-owned investment and asset manager in private equity and real estate in CEE, with a focus on Poland and CEE.
Greenberg Traurig’s team included Warsaw-based Deputy Managing Partner Radomil Charzynski and Head of the Competition Law Practice Robert Gago, as well as further team members in Germany.
Greenberg Traurig did not provide additional details on the deal.
