Dentons has advised a fund managed by GLL Real Estate Partners (GLL) on the acquisition of a logistic center located in Kokotów (southern Poland). The seller was a joint venture of 7R S.A. and Hillwood Polska.

The divested warehouse is a build-to-suit (BTS) project leased to a leading European e-commerce platform. The distribution center was commissioned for use in July 2019 and offers approx. 41,000 sq. m. of usable space. The asset is part of a bigger logistics complex in Krakow-Kokotow, which consists of nine warehouse buildings with a total area of over 180,000 sq. m.

The transaction was managed by counsel Maciej Jodkowski and associate Katarzyna Ławińskawho were supported by Wiktor Wacławski (associate) from the Real Estate team in Warsaw. From the Dentons’ Banking and Finance team the counsel Piotr Nerwiński and senior associate Magdalena Kalińska with the assistance of associate Dominika Krysiak-Bogdzio were advising.

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