WARSAW – 29 January 2024 – Greenberg Traurig advised Merity Funds, a sister company of Trigea Real Estate Fund specialized in development projects, on the acquisition of a real estate property located in Gliwice. Advice on the transaction also included negotiating and signing an agreement with the developer - GLP Poland - for the development and management of the proposed multi-tenant logistics project.
The development will consist of two buildings with a total GLA of approx. 60,000 sqm on approx. 12 hectares of land.
“We congratulate Merity Funds on the completion of the acquisition in the logistics sector. The success of this acquisition underlines our Client’s commitment to the growth of the logistics sector. The completion of this step paves the way for the multi-stage logistics project that lies ahead” – said Radomił Charzyński, Deputy Managing Partner at the Warsaw office of Greenberg Traurig.
The transaction was led by Senior Associate Filip Widuch supported by Associates Paulina Walczewska, Bruno Jasic and Alicja Flis.
Deputy Managing Partner Radomił Charzyński supervised all work on the transaction.
Merity Funds is a fund dedicated for qualified investors that focuses on investments in the development of high-quality logistics properties with stable returns. The fund's main investment region is Central Europe.
Merity Funds is associated with Trigea Real Estate Fund, a Czech real estate fund established in 2019, which is currently one of the fastest-growing Czech funds. Trigea focuses mainly on commercial properties, especially office buildings and retail.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2650 attorneys serving clients from 47 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 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, TMT and Competition/Antitrust.
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 700 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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