Greenberg Traurig Warsaw Advised on the Sale of Part of Former Polish Optical Industries Factory

WARSAW – June 25, 2018 – The Warsaw office of Greenberg Traurig, LLP advised Fabryka PZO sp. z o.o, a subsidiary of Soho Development S.A., on the sale of a property comprising over 10,000 m 2, which was part of the former Polish Optical Industries factory located at Grochowska street in Warsaw.

The transaction was led by Partner Radomił Charzyński, who was supported by Associates Kamil Majewski and Michał Niećko.

The transaction was connected with a partial repayment of bonds issued by Soho Development, which required a unique approach towards negotiations with the issuing agent over the documentation regarding the early repayment.

Soho Development has been listed on the Warsaw Stock Exchange since 1997. Its strategy focuses on the sale of selected assets of the company and the implementation of the announced policy of buying back its own shares.

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.

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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.

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