WARSAW – June 22, 2018 – The Warsaw office of Greenberg Traurig, LLP advised Invesco Real Estate, the global real estate investment manager, on the sale to Vestas Investment Management, represented by BNP Paribas REIM, of a logistic center in northern Poland, with an area of approximately 160 thousand sq. m., which is the one of the largest and technically advanced logistics centers in Europe.
Greenberg Traurig provided Invesco Real Estate with a comprehensive legal advice with respect to the sale of the property and the negotiation of all transaction documents.
The transaction was led by Agnieszka Stankiewicz, Partner, and Rafał Siwek, Senior Associate, who were supported by the following Associates: Karol Lewandowski and Michał Niećko.
“We are proud that once again we could participate in a strategic project of Invesco Real Estate. This proves that we have gained the trust of our clients, who entrust us with their most complex transactions,” said Agnieszka Stankiewicz, Partner of the Warsaw office of Greenberg Traurig.
Greenberg Traurig previously advised Invesco Real Estate on the forward funding transaction and bank financing regarding this logistic center. The transaction marks the realization of one of Invesco Real Estate’s assets within its growing value-add program which invests across the logistics, office, retail, and residential sectors in Europe.
“We are pleased to have the opportunity to work on this prestigious transaction, which is another success of our expanded real estate team,” said Jolanta Nowakowska-Zimoch, Partner and Head of Real Estate practice in Poland.
Invesco Real Estate is a global leader in the real estate investment management business since 1983, first in the U.S. and then expanding into Europe and Asia.