CATEGORY
Law Firm of the Year, Poland
DLA Piper's Real Estate practice combining 2 partners and 11 lawyers advises a variety of key clients, both local and international, across diverse sectors on both local and cross-border transactions. We have extensive experience in greenfield and development projects; work on commercialisation of logistics, retail and office projects; and have built a strong position in the warehouse logistics and hotel sectors. In combination with the Finance, Projects & Restructuring team headed by partner Mariusz Hyla, the DLA Piper Warsaw Real Estate team has become the first choice for banks in their property deals in Poland. The Real Estate team provides full support to the Finance & Projects team on real estate financings, including conducting due diligence reviews of companies and assets, as well as advising clients on any identified legal issues.
Name of company
DLA Piper
Department head or senior representative in Poland, real estate
Jacek Giziński, Poland Co-Managing Partner, Head of Real Estate
Department head or senior representative profile
Attorney-at-law, specialises in real estate and corporate law. Jacek's most recent deals were carried out for Savillis IM, Employee Provident Fund of Malaysia, Goodman, Panattoni, Revetas Capital Advisors, Zeus Capital Management, Metro Properties, Greenstone and Varso Project. Ranked as Highly Regarded in Infrastructure, Project Development, M&A by IFLR1000 2020 and by Legal 500 EMEA 2019.
Key current clients
Aareal Bank, AIG Europe, Alior, ARTN, Bank Pekao, Berlin Hyp, Brenntag, Corestate Capital Holding, Cognizant Worldwide, Deutsche Pfandbriefbank, Echo Investment, Eiffel Investment Group, Elite Logistics Fund, Erste Group Bank, Fattal Leonardo Hotels, Globalworth Poland RE, Goodman Poland, Greenstone, Marriott, Metro Properties,Kuwait Financial Center Markaz, Panatonni, PKO Bank Polski, Revetas Capital Advisors, Santander, Segro,Tokio Marine, Viskase, WeWork, Zeus Capital Management, Xcentric Hotels
Participation in property sales and acquisitions between October 2018 and September 2019
Project Keystone for Revetas Capital - managed and supervised by the Warsaw office of DLA Piper, a cross-border acquisition of the entire portfolio of assets and the operating companies belonging to TriGranit, one of the largest real estate platforms in Central Europe, with a focus on retail and Class “A” office buildings. The portfolio worth EUR270 million-confidential consists of several assets as well as a land bank, located in Poland, Slovakia, Croatia and Hungary. Metro Properties' sale and lease back of five fully leased stores in Poland with an estimated value exceeding EUR130 million. Acting for Zeus Capital Management on the purchase of the Graffit office building in Warsaw worth of EUR48 million. Advising Elite Partners Capital, the Singapore investor in their first investment in Poland worth of EUR 30 million on negotiation development management agreement with Panattoni Europe and acquisition of the real property with an entire area of ca 93,000 sq.m. located in PL.
Participation in development projects between October 2018 and September 2019
Advising Santander Bank Polska, Landesbank Hessen- Thiringen Girozentrale, Bank Polska Kasa Opieki, Unicredit and HB Reavis Poland on the financing of Varso Place - the biggest ever construction loan on the Polish real estate market. Value: EUR350 million. Advising Marriott Group on their expansion into several Polish cities (Lublin, Katowice and Poznań) to operate hotels under one of the Marriott brands. WeWork - we supported the client's expansion into the Polish market (the Mennica building, the Cedet Building, Browary Warszawskie, Raffles Europejski Hotel and Central Point building). Advising PKO Bank Polski as a sole arranger, underwriter and lender on a EUR50 mln construction/investment loan for the development of an Amazon distribution centre in Pawlikowice near Łódź. Advising Bank Polska Kasa Opieki and PZU on the financing of a portfolio of resi-for-rent projects by Griffin Real Estate. This is the first transaction of this type in Poland with its worth of over EUR57.7 million.
Total value of the transactions on which your company adviced between October 2018 and September 2019 (in EUR)
Hard to evaluate
Please say why you should be considered for the award
DLA Piper is a legal powerhouse of real estate and real estate finance lawyers who have worked on the major deals in the last 2yrs in Poland. The RE team has grown organically, building its market reputation thanks to its business-oriented approach and for ensuring the smooth and efficient management of transactions with a special focus on risk management issues. We handle transactions representing our clients, having the top law firms on the other side of the table like Dentons, Greenberg Traurig or Linklaters. Moreover, we are a leader in real estate finance in Poland, advising both lenders and borrowers.We are involved in establishing the market practice for new kinds of transactions, eg student housing projects and resi-for-rent projects and in big ticket transactions.The team works on all types of real estate financings, including the development, acquisition, refinancing and restructuring of office projects, shopping centres and logistics centres, as well as residential projects.
Company website
www.dlapiper.com