23
Fri, Apr
47 New Articles

CMS and Dentons Advise on Union Investment Acquisition of Park Inn in Krakow

CMS and Dentons Advise on Union Investment Acquisition of Park Inn in Krakow

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

CMS has advised UBM Development AG and Lindorcenia on the sale of the Park Inn by Radisson Krakow Hotel to Union Investment, Institutional Property. Dentons advised Union Investment on the acquisition. The transaction is valued at approximately EUR 26 million.

Park Inn by Radisson Krakow opened in 2009 and is located south of the Vistula River, close to the city center, and in the immediate vicinity of the ICE Congress Center. The property includes 152 rooms, a breakfast and restaurant area, a gym, and five conference rooms, as well as 70 parking spaces in an underground car park. It is managed and branded by the Radisson Hotel Group.

The CMS team was led by Senior Associate Piotr Przybylski, supported by Lawyers Izabela Kultys, and Justyna Tokarzewska. The project was supervised by Partner Wojciech Koczara.

The Dentons team included Partner Pawel Debowski, Counsel Anna Garbula-Wegrzynowska, and Associate Katarzyna Lawinska.

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:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

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

Our Latest Issue