WARSAW, September 3, 2020 - Greenberg Traurig advised Invesco Real Estate, the global real estate investment manager, on a transaction involving the sale of a logistic centre in Łódź to Savills Investment Management acting on behalf Savills IM European Logistics Fund 2.
The logistic park, developed in 2018, has a total warehouse space of 38 thousand sq. m. and is fully leased to international companies from the home appliance and automotive sectors. The property is part of the so-called Central European Logistics Hub and is located in the vicinity of the Spedcont intermodal terminal and state-of-the-art production and warehouse facilities owned by Invesco Real Estate. Moreover, the logistic centre is located only 30 kilometers from the intersection of A1 and A2 motorways.
The transaction was led by Senior Associate Rafał Siwek, supported by Associate Maxymilian Rybczyński. Partner Agnieszka Stankiewicz provided strategic advice on the transaction.
Previously, the lawyers from the Greenberg Traurig real estate team advised Invesco Real Estate on the acquisition of the property and the construction of the logistic centre which has been sold to Savills Investment Management.
Invesco Real Estate is a leading global real estate investment management firm which currently has USD 79.8 bn of assets under management, employs 571 staff and operates via 21 regional offices in the United States, Europe and Asia. In Europe the company manages 171 assets of USD 14.6 bn across 15 countries.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2200 attorneys serving clients from 41 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 2019 and 2018 Most Innovative Law Firm of the Year Award for Poland by International Financial Law Review (IFLR) and the 2017 Law Firm of the Year in Poland by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.
About Greenberg Traurig's Real Estate Practice
Greenberg Traurig's Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
Greenberg Traurig's real estate team in Warsaw consists of 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.
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