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Linklaters Advises Panattoni Europe on Lease Agreement with LPP

Linklaters Advises Panattoni Europe on Lease Agreement with LPP

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Linklaters has advised Panattoni Europe on the lease of 16,000 square meters of space in Panattoni Park Gdansk III to LPP S.A, a Polish company engaged in the clothing and accessories industry. The complex, which is currently under construction, will consist of two warehouse halls of nearly 64,000 square meters. The opening is scheduled for the third quarter of 2018.

According to Linklaters, the new space will be used as a central warehouse dedicated to Cropp and it will serve the brand’s online stores in eleven countries. The lease contract provides for an option to expand the space by an additional 5,000 square meters.

The Linklaters team included Managing Associate Marta Bijak-Haiduk and Senior Associate Zuzanna Lipska.

Linklaters did not reply to our inquires about the deal.

 

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