Linklaters has acted for Pan European Core Fund, one of the investment funds managed by CBRE Global Investors, in relation to the acquisition of over 30,500 sqm Ideal Idea logistic complex located near the Warsaw Chopin airport. The seller was BPH Real Estate Closed-End Fund 2, General Electric's real estate investment arm in Poland.
Linklaters Warsaw has been involved in and advised on all aspects of the transaction including comprehensive due diligence and entire transaction-related work. Janusz Dzianachowski, managing associate within the real estate practice, managed the legal team advising CBRE Global Investors with the support of Kacper Piórecki, an associate within real estate practice.
This was the third acquisition of the CBRE Global Investors Pan European Core Fund in the last two years in Poland. Linklaters Warsaw advised on all these transactions.