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Greenberg Traurig and Dentons Advise On Largest Property Transaction in Poland in 2016

Greenberg Traurig and Dentons Advise On Largest Property Transaction in Poland in 2016

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Greenberg Traurig has advised Rockcastle Global Real Estate, a property company specializing in retail centers in Central and Eastern Europe, on the acquisition of Krakow’s Bonarka City Center from TriGranit (TPG). Dentons advised TriGranit on the transaction, which was valued at EUR 361 million, making it the largest single property transaction in Poland in 2016.

Bonarka City Center — which covers approximately 91,000 square meters and consists of 270 units and more than 30 restaurants — opened in November 2009. It is located in the Podgorze district of Krakow, between Kamienskiego and Puszkarska streets. The facility also includes 3,200 parking spaces.

Rockcastle is a listed entity with current market capitalization of USD 2 billion. Its investments include global real estate securities and a portfolio of direct property assets, including commercial property development projects, existing properties, and real estate companies. 

The Greenberg Traurig team was led by Partner Agnieszka Stankiewicz and Local Partner Magdalena Zyczkowska-Jozwiak, who was supported on the legal due diligence by Associates Milena Medrzycka, Anna Szczepankowska, Agnieszka Gul-Czajkowska, Dobrosław Plaska, Karol Lewandowski, and Michał Niecko.

The Dentons team was led by Partner Elzbieta Lis.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

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The team continues to be internationally recognised year on year, most recently by Chambers Global 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

Firm's website: https://penteris.com

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