Greenberg Traurig has advised the Trigea Real Estate Fund on its acquisition of City Logistics Wroclaw II from Panattoni. Szybkowski Kuzma Jelen Brzoza-Ostrowska advised Panattoni. Baker McKenzie reportedly advised Trigea on tax matters.
"The logistics property developed by Panattoni comprises two fully leased warehouse buildings with a total lease area of 38,178 square meters," Greenberg Traurig informed.
Established in 2019, the Trigea Real Estate Fund is a Czech fund focusing on commercial properties, including office buildings and retail. The fund operates in the Czech Republic and Slovakia.
Previously, Greenberg Traurig also advised the Trigea Real Estate Fund on its acquisition of a logistics park near Poland's Tricity (as reported by CEE Legal Matters on September 19, 2022).
"After the acquisition of Panattoni Park in Gdynia, Wroclaw was a logical step to expand our presence in urban logistics," Trigea Real Estate Fund Chairman of the Board of Directors Tomas Trcka commented. "We firmly believe that this type of asset will help create significant value for our shareholders in the long term."
The Greenberg Traurig team was led by Senior Associate Aleksandra Kaczmarek and Associate Jakub Gajzler and included Senior Associate Agnieszka Gul-Czajkowska, Associates Alicja Flis, Bruno Jasic, Marcin Gralewski, and Jedrzej Antoszewski, and Junior Associate Maciej Smaczynski.
The SKJB team included Partner Anna Brzoza-Ostrowska, Senior Associate Izabela Kultys, and Associate Marta Stefaniak.