WARSAW - July 9, 2020 - Greenberg Traurig advised GLP, a leading global investment manager and business builder in logistics, real estate, insurance and related technologies, on the Polish aspects related to the acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio. The transaction was subject to customary regulatory approvals. The unconditional clearance by the Polish Competition Authority (UOKiK) was secured in May 2020.
Local Partner Dominik Rafałko was responsible for leading the 20-person team of experts working on the Polish aspects of the transaction. The multidisciplinary team included members of: the real estate team – Associates: Aleksandra Kaczmarek, Jakub Gajzler, Maxymilian Rybczyński, Alicja Flis and Aleksandra Staromiejska; the corporate team – Associates: Michał Bałdowski, Tomasz Szekalski, Grzegorz Socha and Jakub Tarłowski; the banking and finance team – Senior Associate Paweł Jaśkiewicz and Associate Iga Czerniak supported by Senior Associate Magdalena Bachleda-Księdzularz, Associates Maja Gawrysiuk and Katarzyna Goljan, supervised by Partner Aleksander Janiszewski; the employment team – Local Partner Anna Hałas-Krawczyk and Associate Natalia Wołkowycka, and the antimonopoly team – Senior Associate Radosław Pawluk and Associates Filip Drgas and Marta Kownacka supervised by Partner Robert Gago. Jolanta Nowakowska-Zimoch, Partner and Head of Real Estate in Poland, provided strategic advice regarding all aspects of the transaction.
In addition, Goodman Group’s Central and Eastern European approximately 40-strong team in the region will join GLP’s European team, Gazeley, upon the completion of the transaction. The acquired 2.4 million sqm portfolio is concentrated on key logistics routes across the region with access to growing markets for e-commerce and distribution. The acquisition of the portfolio follows a broader European expansion since GLP entered the market at the end of 2017.
GLP operates across Brazil, China, Europe, India, Japan, and the U.S. and has approximately USD 89 billion in assets under management in real estate and private equity funds.
Kirkland & Ellis served as legal counsel to GLP, while Kinstellar provided local legal advice with respect to the Czech, Slovak and Hungarian aspects of the transaction.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2100 attorneys serving clients from 41 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 2019 and 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 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.
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