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Closing: Adventum’s Acquisition of Sky Tower from Develia Now Closed

Closing: Adventum’s Acquisition of Sky Tower from Develia Now Closed

Poland
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On March 17, 2022, Act Legal Poland (BSWW legal & tax) and Dentons announced that Adventum’s acquisition of Sky Tower from Develia (reported by CEE Legal Matters on September 27, 2021) has now closed.

As previously reported, Act Legal Poland (BSWW legal & tax) advised investment fund manager Adventum on its EUR 84.42 million acquisition of a 79.55% stake in the Sky Tower office building in Wroclaw from Polish property developer Develia. Dentons advised the seller on the transaction.

The Act Legal team was led by Managing Partner Marek Wojnar and Partner Marta Kosiedowska and included Partner Katarzyna Marzec and Senior Associate Mariusz Grochowski.

The Dentons team was led by Counsel Martyna Racz-Suchocka and included Partner Bartlomiej Kordeczka, Senior Associate Arkadiusz Debski, and Associate Karolina Ostrowska.

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act legal stands for high quality, fair pricing, efficient bespoke processes, strong partner involvement and a personal approach, all of which makes act legal an attractive alternative to major international law firms.

Many act legal professionals hold dual qualifications in both law and business management or commerce. Hence, the team comprehends the mechanisms influencing the clients’ activity and possess a unique insight into the true needs and expectations a company has from outside counsel.

To summarize, act offers its clients the best of both worlds: top quality individual advice at an attractive price, as well as an international profile, excellent professional standards and strong clout.

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