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GT and Dentons Advise on EUR 285 Million Sale of Cromwell Property Retail Portfolio to Star Capital Finance

GT and Dentons Advise on EUR 285 Million Sale of Cromwell Property Retail Portfolio to Star Capital Finance

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Greenberg Traurig has advised the Cromwell Property Group on its EUR 285 million sale of a real estate portfolio consisting of six retail centers located in Warsaw, Szczecin, Wroclaw, Lodz, Torun, and Bydgoszcz to Star Capital Finance. Dentons advised Star Capital Finance.

The Cromwell Property Group is a real estate investor and fund manager.

According to Greenberg Traurig, the portfolio totals more than 219,000 square meters with occupancy above 95% and anchor tenants including Auchan, Bi1, LPP Group, Inditex Group, CCC Group, Rossmann, RTV EURO AGD, and Cinema City. "The Cromwell Property Group will continue to act as asset manager of the shopping centers on behalf of Star Capital Finance."

The Greenberg Traurig team included Partner Maciej Jodkowski, Local Partners Malgorzata Kercz and Justyna Szwech, Counsel Karol Lewandowski, Associate Paulina Horodenska-Wieczorek, and Junior Associate Hanna Zaboklicka.

The Dentons team included Warsaw-based Partner Piotr Szafarz, Managing Counsel Jaroslaw Stapel, Counsel Jakub Zienkiewicz, Senior Associate Joanna Poplawska, and Associates Agnieszka Jaworska, Wojciech Grochola, and Kamil Batorm as well as Prague-based Partner Jiri Strzinek and Associate Jan Sedlak.

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