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Greenberg Traurig Advised Generali on the Acquisition and Development of Land in Krakow

WARSAW – 4 October 2022 – Greenberg Traurig advised Generali Real Estate on the acquisition of undeveloped plots located in Skawina near Kraków. Advice on the transaction included negotiating and signing of the development management agreement with MDC2 regulating the planned development of land with a multi-stage logistics facility known as MDC2 Park Kraków South.

MDC2 Park Kraków South is a development project for a distribution and logistics hub to be developed in three phases and comprise three buildings, with a planned total GLA of more than 90,000 sqm on land of over 19 ha.

The Greenberg Traurig team was led by Senior Associate Filip Widuch, supported by Associates Jędrzej Antoszewski and Bruno Jasic and Junior Associate Maciej Smaczyński. Deputy Managing Partner Radomił Charzyński supervised the transaction.

“We are very pleased to have advised Generali on their first deal with MDC2 related to a logistics project that will be built in accordance with the concept of sustainable development and implement ESG criteria,” said Radomił Charzyński, Deputy Managing Partner.

Generali Real Estate S.p.A. is one of the world’s leading real estate asset managers with around EUR 36.3 billion of assets under management as at year-end 2021. Generali Real Estate is part of the Generali Group, one of the largest global insurance and asset management providers.

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.

For more information, please visit www.gtlaw.com.