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KZP and Michal Bieniak Law Firm Advise on Sale of Poznan Shopping Center

KZP has advised EPP on its EUR 91.1 million acquisition of King Cross Marcelin shopping center in Poznan. The transaction consisted of the acquisition of 100% of shares in Poznan Zonkil S.A., the owner of the shopping center, from the King Cross Group. The seller’s advisor was the Michal Bieniak Law Firm.

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KZP has advised EPP on its EUR 91.1 million acquisition of King Cross Marcelin shopping center in Poznan. The transaction consisted of the acquisition of 100% of shares in Poznan Zonkil S.A., the owner of the shopping center, from the King Cross Group. The seller’s advisor was the Michal Bieniak Law Firm.

EPP is an investment company, listed on the Johannesburg and Luxembourg stock exchanges, operating as a REIT and investing in real estate throughout Poland.

The King Cross Marcelin shopping center in Poznan is 99% leased to approximately 120 tenants such as: Auchan, Media Markt, H&M, Intersport, Jysk, Reserved, New Yorker, CCC, Smyk, Empik, Pepco, Rossmann, Super-Pharm, and McDonald’s.

The KZP team was led by Managing Partner Rafal Zieba and included Partners Pawel Cholewinski and Kamil Osinski and Counsel Pawel Mardas.

The team from the Michal Bieniak Law Firm was led by Attorney-at-law Michal Bieniak and included Trainees Aleksandra Bieniak and Jakub Derulski.