act legal covers all major European business centres.
Warsaw | Amsterdam | Bratislava | Bucharest | Budapest | Frankfurt | Milan | Prague | Vienna
meet us at www.actlegal.com

x
x

actlegal.com

on acquisition of Galeria Plaza

News

act BSWW legal & tax advises STRABAG Real Estate on acquisition of land with Galeria Plaza (Kraków) building from CP-Plaza sp. z o.o.

28.01.2022

The law firm represented the buyer in the acquisition of the 80,000 sqm property that comes with an appealing location and convenient transport links to the city center.

act BSWW legal & tax provided comprehensive pre-transactional (including a legal and tax due diligence audit of the property) and transactional assistance (with a strong focus on relations with neighbours and lessees of the shopping mall). We also advised on tax issues, including the preparation of applications for advance tax rulings related to the transaction. The developer’s plans involve the discontinuation and demolition of the existing shopping center, followed by the construction of a mixed-use complex made up of several buildings.

The transaction team was led by Marek Wojnar (Managing Partner) and Marta Kosiedowska (Partner). Further assistance was provided by Michał Sołtyszewski (Partner), responsible for the legal due diligence process. Małgorzata Wąsowska (Partner) and Jakub Świetlicki vel Węgorek (Senior Associate) provided tax advisory services.
“We are glad to be witnessing our client’s steady growth. The land lot on which Galeria Plaza is located offers a huge potential, which is yet another reason to be proud of the opportunity to represent STRABAG Real Estate in this transaction,” says Marek Wojnar.

The seller, Peakside Capital, was represented by Dentons’ real estate team.

Peakside Capital is an independent investor and manager of real estate projects and investment funds. The company operates predominantly in Central and Eastern Europe and Germany, holding offices in Warsaw, Prague, Frankfurt, Zug (Switzerland) and Luxembourg.

STRABAG Real Estate is a leading developer, operating in 13 European countries. Its Polish projects include the development of Astoria office building and a hotel for Motel One (both based in Warsaw). With a view to further developing its portfolio, in 2019, the developer bought land that hosts Atrium International office building in downtown Warsaw. By completing the acquisition of land in Dąbie (part of Kraków), the company has embarked on its expansion into regional markets.

The real estate team at act BSWW legal & tax is one of the biggest among Polish law firms. Our practitioners advise on all types of real estate projects, with a strong focus on large development, retail and office projects. They act for a wide range of international, domestic and regional clients, including developers, property owners, asset managers, investors, lessors and lessees.

Udostępnij

Related news

Press releases

act BSWW legal & tax provided advice to a company from Profit Development S.A. Group on the acquisition of the real estate located in Warsaw

The team of act BSWW legal & tax provided comprehensive legal advice on the conclusion of a sales and purchase agreement between the seller and a company from the Profit Development S.A. Group, which concerned  a real estate located in Warsaw, Ostródzka Street. The...

Press releases

act BSWW legal & tax advised Archicom S.A. on land acquisition in Wroclaw

The legal team of act BSWW legal & tax was responsible for providing comprehensive legal advice to Archicom S.A. on the acquisition of land in Wroclaw, on Wladyslawa Reymonta Street. The transaction was led by Mateusz Prokopiuk/ Partner with the support of Aneta Gi...

Press releases

act BSWW legal & tax advises WSE-listed developer on acquisitions for residential developments in Kraków

The team led by Michał Wielhorski, Managing Partner, advised ED Invest S.A. on a number of transactions involving the acquisition of land for multi-family residential developments in Kraków. Other team members included: Mateusz Prokopiuk, Partner and Aneta G...

Press releases

act BSWW legal & tax advised on the conclusion of lease agreements for space in the “Plac Unii” complex

The real estate team of act BSWW legal & tax was responsible for providing comprehensive legal advice in the process of negotiating and concluding lease agreements for office, retail and service space located in the “Plac Unii” complex, on Pulawska Street in Warsaw....

Press releases

act BSWW legal & tax advises a company controlled by Adventum Group on acquisition of the Wola Retro office building in Warsaw, for almost EUR 70 million

The act BSWW team provided comprehensive advice on both: financing and acquisition of the Wola Retro office building in Warsaw. Financing part of the deal was led by Marta Kosiedowska (Partner) with support of Mariusz Grochowski (Senior Associate). Transaction itself ...

News

Get the RET right. The tax side of real estate | June 2022

Ministry of Finance suggests more changes to income taxes. Following prior announcements, the draft Act of June 27, 2022 Amending the Corporate Income Tax Act and Selected Other Acts has been published recently. It covers the following: - Postponement (until the end ...

View all