WKB Advises Qualia Development on Residence Management Sale to Chopin Airport Development

WKB Advises Qualia Development on Residence Management Sale to Chopin Airport Development

Poland
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WKB Wiercinski Kwiecinski Baehr has advised Qualia Development Sp. z o.o. on the sale of Residence Management Sp. z o.o. to Chopin Airport Development Sp. z o.o. The conditional share sale agreement was signed in the presence of Polish Prime Minister Mateusz Morawiecki during the 28th Economic Forum in Krynica. Closing remains contingent on clearance by the Office of Competition and Consumer Protection.

Residence Management, which is managed by Qualia Development, is the owner of the Golden Tulip Residences in Gdansk and Miedzyzdroje. As the result of the transaction the two properties will be owned by Chopin Airport Development.

WKB’s team consisted of Partners Jakub Jedrzejak and Anna Wyrzykowska and Senior Associates Magdalena Piszewska and Karol Filipiuk.