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Dentons advises Union Investment on the acquisition of Focus Park in Rybnik, Poland

06 May 2015

Dentons’ real estate team acted as legal counsel to Union Investment on the acquisition of the Focus Park shopping center in Rybnik, a Polish city close to the Czech border. The seller was Aviva Investors Polish Retail S.a.r.L.

The shopping complex comprises approximately 74 retail units and a cinema across 17,846 sq.m. of space and is almost fully let following recent new lettings. The long-established Focus Park center welcomes 5.5 million visitors a year and has a catchment area of approximately 640,000 people. Tenants include international and Polish chains, such as C&A, Rossmann drugstore, Alma, Empik and New Yorker.

The Dentons team was supervised by Tomasz Stasiak, a partner in the real estate practice in Warsaw. The transaction was led by Anna Garbula-Wegrzynowska, senior associate, supported by Dominik Górski, associate.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Fund/Investment Management
News Category
M&A
Real Estate & Construction