Greenberg Traurig Advises Capital Park S.A. on the Completion of the Acquisition of a Unique Port Area in Gdansk

WARSAW – 7 April 2022 – Greenberg Traurig represented Capital Park S.A. in the acquisition of a unique real property with a rich history, consisting of two plots of land in Gdańsk with a total area of 1.3 hectares, situated at the confluence of the Motława River and the Martwa Wisła, on the so-called Polish Hook (Polski Hak) and in the joint venture transaction regarding the acquisition.

Capital Park is planning a residential development with retail and services functions on the acquired property as well as a representative recreational space, available to all Gdańsk residents and tourists visiting the city.

The Greenberg Traurig team was responsible for the due diligence process as well as negotiation of the preliminary and final share sale agreements related to the property. Advice on the transaction also included negotiation of the joint venture agreement and development management agreement regulating the planned project.

“Congratulations to Capital Park on the completion of this complex transaction, which is unique due to the enormous potential of the location of the property as well as its history. We are looking forward to representing this client on future projects,” said Radomił Charzyński, Deputy Managing Partner of the Greenberg Traurig Warsaw office.

The Greenberg Traurig team was led by Senior Associate Aleksandra Kaczmarek, supervised by Deputy Managing Partner Radomił Charzyński and supported by Associates Jakub Gajzler and Jędrzej Antoszewski. The due diligence team also included Senior Associate Agnieszka Stopińska and Associates Katarzyna Goljan and Jakub Wilk.