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Greenberg Traurig Advises on Soho Development Property Sale

Greenberg Traurig Advises on Soho Development Property Sale

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The Warsaw office of Greenberg Traurig has advised Fabryka PZO sp. z o.o, a subsidiary of Soho Development S.A., on the sale of a property consisting of over 10,000 square meters which was part of the former Polish Optical Industries factory in Warsaw.

According to Greenberg Traurig, “the transaction was connected with a partial repayment of bonds issued by Soho Development, which required a unique approach towards negotiations with the issuing agent over the documentation regarding the early repayment.”

Soho Development has been listed on the Warsaw Stock Exchange since 1997. Its strategy focuses on the sale of selected assets of the company and the implementation of the announced policy of buying back its own shares.

The Greenberg Traurig team was led by Partner Radomil Charzynski, supported by Associates Kamil Majewski and Michal Niecko.

Greenberg Traurig did not reply to our inquiries about the deal.

 

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