WARSAW – 18 May 2022 – Greenberg Traurig advised Panattoni on the acquisition of an undeveloped plot situated in Magnice near Wrocław. Advice on the transaction included negotiation and signing of transaction documents, agreements regulating the planned development and management of the warehouse building as well as agreements regarding the financing of the planned logistics project.
The warehouse facility developed on the acquired property will have a total area of approximately 247,000 sqm.
“The latest transaction finalized by Panattoni, as well as other projects our real estate team is currently working on, shows that the logistics sector remains one of the most active transactional areas despite significant changes in market conditions. Industrial and logistics assets are still considered strong investments products,” said Jolanta Nowakowska-Zimoch, Managing Partner of the Warsaw office of Greenberg Traurig.
Panattoni is the largest industrial real estate developer in Europe. The company is also the leading industrial specialist in Poland. During its 17 years of operations in Poland Panattoni has built over 10.8 million sqm of industrial space.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2400 attorneys serving clients from 43 offices in the United States, Latin America, Europe, Asia, and the Middle East.
GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year award at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). 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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