WARSAW – 16 April 2024 – Greenberg Traurig represented REDKOM Development in the sale of 100% of shares in the company holding the retail complex Park Handlowy Glinianka located near Warsaw to CEE-BIG Europe.
Park Handlowy Glinianka, opened in March 2023, was recognised in the 2023 European Property Awards, winning in the Retail Development Poland category and was also nominated for a European award in the Architecture Landscape category, receiving 5 stars for its unique green leisure and recreation area.
The Greenberg Traurig team was led by Senior Associate Agnieszka Gul-Czajkowska supported by Associate Tomasz Drzewiecki and Przemysław Susoł, who were supervised by Counsel Karol Lewandowski. Strategic advice on the transaction was provided by Partner Maciej Jodkowski and Partner Karol Brzoskowski.
REDKOM Development specialises in large scheme retail parks, industrial and logistics facilities. REDKOM Development's project portfolio is also expanding into the residential sector. In 2023, REDKOM Development delivered 27,000 sqm of retail parks in Poland, with more than 60,000 sqm currently under development.
BIG Shopping Centers focuses on developing, operating and investing in operational shopping and lifestyle centers, logistics, office and residential properties, as well as renewable energy. BIG has been listed on the Tel Aviv Stock Exchange since 2006.