Practice Areas - Real Estate Law Firms and Lawyers
| Deal Date: | 15-10-2014 | Practice Area: | Real Estate |
| Deal Title: | Atrium European Real Estate Acquisition of Focus Mall, Bydgoszcz | Industry: | Real Estate Investment & Services |
| Description: |
Dentons' real estate team advised Atrium European Real Estate, a leading owner, operator and developer of shopping centers in Central and Eastern Europe, on the acquisition of the Focus Mall shopping center in Poland from Aviva Investors for EUR122 million. The transaction was financed using Atrium's existing cash resources.
Focus Mall is currently the largest shopping center in Bydgoszcz, one of the ten largest Polish cities. Constructed in 2008 it comprises 41,000 sq.m. of retail space on two floors. It is nearly 100% let to anchor tenants, including a Saturn electronics store and a Cinema City, as well other high profile international and domestic retail fashion brands.
Dentons' team was led by Tomasz Stasiak, partner, supported by Anna Garbula-Wegrzynowska, senior associate.
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| Financial Center: | Warsaw | Value: | 100.01-500.00 |
| Advised Party: | Purchaser | Law Firm | Dentons |
| Real Estate Jurisdiction | Poland | Purchaser Jurisdiction | Iceland,Poland |
| Classification: |
Real Estate Acquisitions and Disposals Shopping Centre |
Lawyer | Tomasz Stasiak |
