Wed, Sep
48 New Articles

Linklaters and Dentons Advise on CP Developer Forward Sale of Apartments to Heimstaden Bostad

Linklaters and Dentons Advise on CP Developer Forward Sale of Apartments to Heimstaden Bostad

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Linklaters has advised CP Developer S.a r.l. on its PLN 1.4 billion long-term forward sale of 2,500 rental apartments to Sweden’s Heimstaden Bostad. Dentons advised the buyer.

CP Developer is a joint venture established by private equity firm Cornerstone Partners and real estate developer Crestyl. Linklaters previously advised Cornerstone Partners and Crestyl on their establishment of the joint venture for the acquisition of Polish real estate developer Budimex Nieruchomosci (as reported by CEE Legal Matters on March 4, 2021).

According to Linklaters, the 2,500 apartments will be developed over the next few years by Budimex Nieruchomosci and subsequently transferred to Heimstaden Bostad.

The Linklaters team included Warsaw-based Partner Janusz Dzianachowski, Counsel Michal Miecinski, Of Counsel Adriana Andrzejewska, Managing Associates Monika Lerka and Szymon Renkiewicz, Senior Associates Zaneta Baldowska and Jedrzej Palka, and Associates Katarzyna Grodzka and Filip Witaszek; Luxembourg-based Partner Remy Bonneau, Managing Associates Catherine Kremer and Diogo Casqueiro, Associate Irene Sanna, and Consultant Delphine Horn; and Stockholm-based Managing Associate Anna Eriksson.

The Dentons team included Global Vice Chair Evan Lazar and Partners Piotr Szafarz and Piotr Staniszewski, Managing Counsel Jaroslaw Stapel, Counsel Anna Garbula-Wegrzynowska, and Associates Patrycja Pakla and Paulina Horodenska-Wieczorek.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue