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.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 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 more than 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 counsel 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 more than 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 additional information, please visit www.gtlaw.com
About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with US$64.8bn in real estate assets under management, 484 employees and 21 regional offices across the U.S., Europe and Asia. The firm was established in 1983 and has been actively investing in core, value-add and opportunistic real estate strategies since 1992. In Europe, IRE has eight offices in London, Munich, Milan, Madrid, Paris, Prague, Luxembourg and Warsaw, and 148 employees. It manages 142 assets across 12 European countries with the value of assets under management of US$11.3bn. Data as of 31 March 2018.