21
Thu, Nov
45 New Articles

SKJB and Greenberg Traurig Advise on Panattoni EUR 100 Million Sale of Three Industrial Parks

SKJB and Greenberg Traurig Advise on Panattoni EUR 100 Million Sale of Three Industrial Parks

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Szybkowski Kuzma Jelen Brzoza-Ostrowska has advised industrial developer Panattoni on its approximately EUR 100 million sale of three industrial parks: the 37,600-square-meter Panattoni Park Zory, the 42,000-square-meter Panattoni Park Poznan XIII, and the 56,000-square-meter Panattoni Park Lodz A1. Greenberg Traurig advised the undisclosed buyer.

The facilities are currently fully leased by leading logistics, FMCG, electronics, and DIY brands, Panattoni reported. "Each facility has achieved a high standard of BREEAM certification, offering energy and water efficient solutions and promoting employee well-being."

"Such a substantial transaction executed by a sector specialist investor signals that strong fundamentals of the industrial market make it an attractive target continuously appreciated by international institutional capital," Panattoni Head of Asset Disposition Michal Stanislawski commented. "Poland, situated at the center of Europe, is one of the most important logistics and industrial hubs. It presents dynamic rental and occupational growth due to local and global factors."

The SKJB team was led by Partner Anna Brzoza - Ostrowska and included Senior Associate Izabela Kultys, Associate Natalia Stys, and Lawyer Julia Sikorska.

The Greenberg Traurig team was led by Counsel Olga Durawa and included Deputy Managing Partner Radomi Charzynski, Associate Alicja Flis, and Junior Associate Maciej Smaczynski.