CMS has advised on the purchase of a portfolio of Fashion House Outlets located in Piaseczno, Gdańsk and Sosnowiec.
“The commercial real estate market in Poland is currently receiving considerable interest from investors. Due to the expected increase in consumer spending, this trend is likely to continue in the coming years. Increasing retail sales and changes in the structure of consumer spending mean that there are new opportunities for the development of commercial projects in Poland,” says Wojciech Koczara, managing partner at CMS’s real estate practice for Poland and Central and Eastern Europe.
The team of CMS lawyers that advised the purchaser – a leading global financial institution – included attorney Piotr Przybylski (co-leader of the project) and Kamil Osowski, CMS real estate lawyer from CMS real estate practice led by Wojciech Koczara, partner, legal advisor, Michał Derdak, senior lawyer and legal advisor from Warsaw CMS competition team, as well as lawyers from SKJ Szybkowski Kuźma Jeleń Sp.j., which cooperated with CMS on this transaction as a subcontractor.