WARSAW, 9 December 2021 – Greenberg Traurig advised Bank Gospodarstwa Krajowego in connection with the sale of investment certificates in two funds – the Rental Housing Fund (Fundusz Mieszkań na Wynajem) and the Housing Sector Development Fund (Fundusz Mieszkań dla Rozwoju) to Polski Fundusz Rozwoju S.A. The operation of both funds implements the objectives of the Apartment Plus (Mieszkanie Plus) government housing program.
The value of the transaction exceeded PLN 2.19 billion. Greenberg Traurig provided comprehensive legal advice with respect to the transaction.
The transaction team was led by Local Partner Michał Bobrzyński and included Partner Rafał Sieński, supported by Senior Associate Joanna Kuc.
The in-house legal team of Bank Gospodarstwa Krajowego was led by Director Agnieszka Modras, supported by Director Ewa Malinowska and Jakub Polak.
Bank Gospodarstwa Krajowego (BGK) is the Polish state development bank. It supports Poland’s sustainable social and economic growth. Its activities encourage the creation of jobs, development of housing and infrastructure, and improve air quality.
Greenberg Traurig, recognized as one of the leading law firms in Poland, was recently named 2021 “Law Firm of the Year in Poland” by International Financial Law Review (IFLR) and was also awarded “Poland Firm of the Year” at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe.” “MergerMarket” ranks the firm as the No. 1 firm with respect to the value of M&A transactions handled in Poland in Q3 2021, with the value exceeding 5 USD billion.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2300 attorneys serving clients from 40 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.
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