DLA Piper has advised the Aareal Bank on financing Star Capital Finance's EUR 285 million acquisition of six shopping centers in Poland from the Cromwell Property Group.
The transaction included the Janki Shopping Center in Warsaw, Kometa Shopping Center in Torun, Korona Shopping Center in Wroclaw, Tulipan Shopping Center in Lodz, Ster Shopping Center in Szczecin, and Rondo Shopping Center in Bydgoszcz and was announced a week earlier, as reported by CEE Legal Matters on May 23, 2024.
According to DLA Piper, this is "the largest investment on the Polish real estate market this year, as well as the first Star Capital Finance transaction in Poland."
The DLA Piper team was led by Partner Mariusz Hyla and included Partner Bartlomiej Palusiak, Senior Associate Anna Jarczok, Junior Associate Daniel Jakubiak, and Paralegal Krzysztof Chlebowski.
DLA Piper did not respond to our inquiry on the matter.
Editor's Note: After this article was published, Dentons informed CEE Legal Matters that it advised Star Capital Finance. The firm's team included Counsel Jakub Zienkiewicz and Associate Kamil Bator.
