White & Case has advised GLP on its acquisition of a logistics center in Bierun from SPM. Crido Legal reportedly advised the seller.
According to the GLP press release, the acquired logistics center has a total area of 60,000 square meters and is situated next to National Road No. 44 with access to Expressway S1.
GLP, formerly Global Logistic Properties, is a Singapore-based investment manager and business builder in logistics, real estate, infrastructure, finance, and related technologies.
SPM Poland is a Polish branch of the Italian company Sistema that specializes in logistics for the automotive industry.
"This transaction elevates GLP’s partnership with SPM to a new level. The company already leases logistics space from GLP in Gliwice, and it is great to see their footprint with us expand further," GLP Europe Investments and Asset Management Director CEE Marek Jandous commented.
The White & Case team included Partner Maciej Zalewski, Counsel Katarzyna Czwartosz-Liber, and Associates Michal Plich and Jakub Khier.