Real estate in Poland
The real estate team at CMS Cameron McKenna Nabarro Olswang Pośniak i Bejm sp.k. is led by London-based Caroline Maude and also includes construction specialist Lidia Dziurzyńska-Leipert and Anna Brzoza-Ostrowska. In particular, its is known for assisting property funds with the acquisition and disposal of prime assets as well as acting for developers, banks and retailers on all aspects of the investment process. In recent work, the group advised Amundi Real Estate on the acquisition of the Class A Nowogrodzka Square office building in Warsaw. The 'extremely hardworking' Andrzej Zajac is another key contact. Wojciech Koczara left the firm.
Other key lawyers:
Andrzej Zajac; Lidia Dziurzyńska-Leipert; Anna Brzoza-Ostrowska
‘Anna Brzoza-Ostrowka’s team managed to make a complicated first transaction in Poland as swift and smooth as possible. We really appreciated her clear and precise explication regarding Polish law. She is also very business oriented in her recommendations.’
‘Anna is a very great professional, with great agility to reconcile the imperative legal practices, business needs and the client’s own practices. She also has an impressive work capacity. ’
‘Goal oriented, focused on closing the deal, efficient and fast. Broad market experience and easy access to know how on more mature Western Europe markets’
‘Andrzej Zając- extremely hardworking and goal driven, with a good understanding of business and finance and a lot of common sense’
‘Lidia Leipert is exceptional’.
‘CMS’ team is very proactive and is unique in that every deal is supported by a number of lawyers / support staff which are very well coordinated – that makes each case very quick and smooth to execute. ’
‘The CMS team I normally work with includes Andrzej Zajac and Anna Brzoza: they are definitely very competent and at the same time very proactive. The team is really motivated on each appointment and are pushing for an outcome which makes great result on our deals.’
Allianz Real Estate
Amundi Real Estate
REInvest Asset Management
Alkyon Partner Development
- Advised Allianz Real Estate and Curzon Capital Partners III, L.P. (CCP III), managed by Tristan Capital Partners – a London-based real estate investment management boutique, on the sale of the Warsaw Financial Center office tower.
- Advised Amundi Real Estate, a French real estate fund, on its debut investment in Poland – an acquisition of “Nowogrodzka Square”, a Class A office building located in the heart of Warsaw, from property developer Yareal.
- Advised Panattoni, Marvipol, Bluehouse, and Kajima – the sellers on the sale of a portfolio of five logistics parks to an undisclosed Asian fund represented by Savills Investment Management LLP.
Dentons' real estate team primarily works with institutional investors, private equity funds, developers and asset managers. Led by Europe real estate co-chairman Paweł Dębowski and acquisitions specialist Piotr Szafarz, the 'well balanced and diversified' team counts Skanska and Podium Investment Polska among its clients. With a particular focus on office, retail, logistics, hotels and student housing projects, it advises on due diligence exercises, reviews of existing leases, drafting and negotiating transactional documents and obtaining requisite finance. The firm stands out for its ability to draw on a sizeable in-house construction team to complement the offering. Bartłomiej Kordeczka is a key member of the practice.
Paweł Dębowski; Piotr Szafarz
Other key lawyers:
‘Dentons in Poland has one of the biggest real estate teams on the market. The team is well balanced and diversified and includes top names in the sector (like Pawel Debowski or Piotr Szafarz) and ambitious young partners (like Bartlomiej Kordeczka) supported with well-trained associates.’
‘They are not only skilful lawyers, but they also understand the broader business perspective’.
‘ They have the greatest expertise on the market in real estate transactions. There is no problem that they cannot solve and they are basically setting transactional standards for commercial real estate market.
‘ Pawel Debowski is one of the most reliable lawyers on the market and a great support for complex real estate matters. He is a true personality with a fantastic commercial understanding’.
‘Bartłomiej Kordeczka is a very competent and skilful lawyer, extremely hardworking. With his transactional experience, there is no problem that he cannot solve.‘
‘Dentons provides amazing support by being always available and by providing exquisite legal advisory. Dentons has great practical knowledge of the real estate market and huge experience. Dentons has a very creative approach towards solving problems. Dentons’ approach in transactions is balanced, commercial and to the point.’
‘Bartłomiej Kordeczka- one of the best professionals in the real estate market in Poland. Mature with great attitude towards clients and focused on solving problems rather than creating them. Great expertise and broad knowledge not only in real estate but also commercial aspects of transactions. Bartek is dynamic, responsive and customer- focused.’
Atrium European Real Estate
CPI Property Group
GLL Real Estate Partners
Podium Investment Polska
Globalworth Poland Real Estate
Kulczyk Silverstein Properties
Marr Holdings Group
- Advised commercial property owner CPI Property Group on €800m-worth of commercial real estate investments in Warsaw, as part of its newly launched strategy.
- Advised Apsys on various aspects of one of the largest retail transactions in Poland in 2019, involving the acquisition of shares of Posnania shopping centre in Poznań along with the refinancing of senior and mezzanine loans.
- Advised the investment fund managed by Hines Polska on the €136m sale of a portfolio of six distribution parks and the Nord Point office building to the Chinese investor CGL Investment Holdings Corporation Limited.
The real estate team at Greenberg Traurig Grzesiak sp. k. is led by project financing specialist Jolanta Nowakowska-Zimoch. Clients include multinational corporations, the Polish government and state-owned companies. The team advises on property acquisition, tenant and landlord matters, real estate developments and financing, as well as real estate litigation. Notably, the firm is also increasingly active within the prop-tech sector. Finance expert Agnieszka Stankiewicz, Agata Jurek-Zbrojska and senior associate Kamil Majewski are other names to note.
Other key lawyers:
Agnieszka Stankiewicz; Agata Jurek-Zbrojska
‘Absolute partnership approach – work hand in hand. Big trust both ways.’
‘100% professionalism and experience. For the Greenberg Traurig team, I am not one of many clients, but I always feel that I am the most important.’
‘Agata Jurek-Zbrojska was a pleasure to work with in the GT team. Agta is a rising star among the lawyers specializing in real estate. Huge knowledge, experience and constant commitment mean that she does not hesitate to entrust Agata with our next projects.’
Madison International Realty
K-Trust / JR AMC
- Advised GLP on the Polish aspects of the acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio.
- Advised Wing Group on the acquisition of a 66% stake in Echo Investment S.A.
- Advised Madison International Realty on the acquisition of a 46.5% stake in European Logistics Investment, holding a Polish real estate warehouse portfolio.
The real estate team at Linklaters is led by Artur Kulawski. The group advises investors, developers and financiers on international and domestic transactions, and also covers all aspects of negotiating, structuring and implementing joint venture projects. High-end commercial deals are a staple for the firm and regularly touch on office, retail and leisure developments. Managing associate Adriana Andrzejewska is also noted.
‘Extremely good understanding not only on the legal side of cooperation but along with the professional competence.’
‘Great understanding of business cases, very flexible and proactive approach’.
The Polish real estate team at Clifford Chance is led by construction contract specialist Daniel Kopania. The group has experience advising on real estate acquisitions, developments and financing, and is known for its ability to handle substantive cross-border work. In one highlight, it advised Catella European Residential Fund on its €20m acquisition of a mixed-use project from US developer Hines. 'Outstanding associate' Maciej Bocheński is another name to note.
Other key lawyers:
‘Outstanding quality of drafting. One step ahead in thinking and considering negotiation scenarios.’
‘Maciej Bochenski – outstanding associate, very polite, responsive and client friendly’
‘Clifford Chance’s real estate and real estate finance teams are capable of handling a large variety of matters related to our business.Their services are multidisciplinary, which makes working with them very efficient. They understand the business rationale behind legal work and are focused on creating value added to our business, which help us to keep the momentum.’
‘Each of the lawyers deliver high quality advice on time and understands our business. I highly value his attention to details, legal knowledge, transaction management skills and availability.’
‘The CC Poland team make efforts to link in with colleagues in the UK to understand everything that is going on with our wider business. It would be easy to focus on the specific Polish Real Estate requirements and take a narrow view however they understand the value they bring to us by looking at the bigger picture and spotting potential issues and conflicts that could be created. ’
‘Maciej Bochenski always goes above and beyond to ensure we get our projects completed on time in spite of our often busy schedules that are focussed on other areas and manages to do so in a professional and non-patronising way. He successfully ensures we are aware of the real critical items that need our attention while allowing other “nice to have” items to drift a little if we do not have the time – this is critical in our high growth business where there is not enough time to do everything and judgements are required on what needs the focus of the day. Maciej also brings a very strong personal approach over and above the business/professional service he delivers which fits well with the culture of our team.’
The Hut Group
- Advised Hillwood on the sale of the BARN IV portfolio of distribution centres to German investor GLL for €175m.
- Advised The Hut Group Limited and its affiliates on the multi-level financing of a logistics and production centre.
- Advised Catella European Residential Fund on the acquisition of a mixed-use development project of residential apartments and student accommodation in the Polish city of Cracow from US developer Hines.
DLA Piper's real estate team is led by corporate law expert Jacek Giziński. The practice advises on domestic and international matters relating to commercial logistics, office space and retail units. It also assists with drafting, negotiating and signing development agreements, particularly those where the client undertakes management of the construction process. Notably, the firm also has a strong reputation for facilitating the procurement of land for the purposes of investment. Michał Pietuszko and Agnieszka Lehwark are names to note for commercial leasing, and acquisitions in the warehouse space, respectively.
Other key lawyers:
Michał Pietuszko; Agnieszka Lehwark
‘Michal Pietuszko – in my opinion one of the best legal advisers specialized in real estate. Always looking for solutions, aiming to conclude deals within business assumptions set by the customer. Proactive, helpful, professional. ’
‘The DLA Real Estate Team is very experienced in both the development of commercial projects and their subsequent disposals. The team is not very big but is able to deliver on-time advice for its clients which is of crucial importance. ’
‘Agnieszka Lehwark is probably my favourite lawyer on the market – she is a pleasure to work with, always on time, focused and goal-oriented.’
‘Speed and efficiency in resolving cases regardless of the variety and complexity.’
‘Speed of reaction, calm and skilful assessment of the situation, presentation of the case in a simple and understandable way for all parties, professionalism in action.’
‘Very positive and success oriented approach. Solutions finding rather than problems piling attitude.’
Blackstone Group International Partners
Corestate Capital Holding
Elite Partners Capital
Bank BNP Paribas
Kuwait Financial Center (“Markaz”)
Larsen & Toubro Infotech Group
Santander Bank Polska
- Advised Elite Partners Capital on the purchase of the logistics park P3 Mszczonów
- Advised Metro Properties on the sale-and-leaseback of five Makro Cash & Carry stores in Poland to FLE.
- Advised PZU on the negotiation of a single tenant lease agreement for a plus 40-storey office building in the centre of Warsaw, Generation Park Y, to be used as PZU’s new headquarters
DWF Poland Jamka Sp.k's 'very experienced' real estate team is led by transactional specialist Joanna Wojnarowska. A member of the executive committee of Poland's Urban Land Institute, she oversees a team that advises on acquisitions, financing, zoning, construction, permits, structuring and the repositioning of assets. The practice also has expertise in dispute resolution, an area in which it regularly handles contentious ownership, leasing and title matters. Clients include local and international developers, institutional lenders, investment funds and non-traditional sponsors.
‘The real estate team led by attorney Joanna Wojnarowska is very experienced in the real estate sector, knowing the structures and models of the transactions, very much oriented to achieve the goal, also by securing the best interests of the client. Efficient and smooth cooperation. The team is capable to work under time pressure which is very important in many complicated deals. Dedicated to the client and its needs. ’
‘The real estate branch is led by attorney Joanna Wojnarowska, who is a very good negotiator, widely experienced in the real estate sector and complicated transactions. She is unique in terms of negotiation capabilities, amicable way of finding solutions and ability to achieve the goal. Joanna is one of the best real estate advisors to cooperate with.’
‘Very business oriented. Exceptional legal and business knowledge.’
‘Joanna Wojnarowska – excellent experience. Very good communication. Clear advice.’
Zeitgeist Asset Management
IWG (formerly Regus)
HOCHTIEF Development Poland
White Star Real Estate
Aberdeen Standard Investments
Embassy of the Republic of Indonesia
Bank of New York Mellon
Uriel Renovables, S.A.
Tauron Polska Energia S.A.
i2 Development S.A.
Xeos sp. z o.o.
GEO Renewables S.A.
Eme Aero – JV of Lufthansa Technik and MTU Aero Engines
Nałęczów Zdrój S.A.
- Advised Zeitgeist Asset Management on the sale-and-leaseback deal consisting of the acquisition of a complex of real properties developed with six buildings with a total surface area of approximately 50,000 sqm, located 300 meters from the Palace of Culture and Science, at Nowogrodzka and św. Barbary Streets in Warsaw from Orange.
- Advised ASBUD on the acquisition of more than 13 hectares of land located on ul. Jagiellońska in Warsaw’s Praga Północ district for the purposes of development of a large-scale mixed-use complex, which will include residential, office, retail and recreational areas.
- Advised Aberdeen Standard Investments on acquisition of the logistics warehouses from the global real estate developers Panattoni Group and Marvipol S.A.
Led by Marcin Muszel, the real estate team at Gide Loyrette Nouel assists clients with investment structuring, due diligence, negotiation and project implementation. A key name for real estate advice on office space and healthcare facilities, the group also advises on matters impacting logistics, retail and student housing developments. It is adept at advising on lease agreements, asset management and borrower-side financing mandates. Counsel Błażej Czwarnok and associates Rafal Osetek and Tomasz Roszczyc are other key team members.
Other key lawyers:
Błażej Czwarnok; Rafal Osetek; Tomasz Roszczyc
‘They are inquisitive and meticulous, open to new knowledge and curious about other experiences, they do not impose themselves with knowledge and views and solve problems. In my opinion, Marcin Muszel was distinguished by his extensive experience and knowledge. He impressed with his proficiency in conducting negotiations, approached his opponent with respect, although he remained firm and did not give in on issues important to the principal.
‘Tomasz Roszczyc, with whom I cooperated on particular topics despite his young age, was distinguished by his professional approach to the subject, calm manner and energy to work.’
‘The Gide team was very active in every part of the transaction. Not only did they take part in redrafting documents, but also played a major role in negotiations sometimes even in commercial areas of the transaction. This gave us a very important buffer before our transaction partner. Gide was very successful in these negotiations. The other very crucial capability was that the team was looking at the entire transaction from the goal point of view.’
‘We have been working with the Polish Real Estate Practice of Gide since 2012 in various projects and have never been disappointed. The practice always provided us with excellent legal advice at a very good value for money ratio. Their lawyers have a profound knowledge of the market and are skilful negotiators. The team is very responsive.’
‘Marcin Muszel is a multinational legal expert appreciated by international business in Europe. Very strong legal, leadership and negotiations skills. Solution maker.’
‘Tomasz Roszczyc is a unique lawyer with strong negotiation skills. Very helpful and very motivated. ’
‘Rafal Osetek: always thinks ahead, talent in real estate sector, very business-driven and rational.
‘Marcin Muszel: creative, client-focused, open-minded approach to projects, great team leader‘.
‘Blazej Czwarnok – I know that I can relay on him 100%. He is honest with me – not pretending when he is not sure. He is an intelligent, calm, consistent and patient person.’
B&B Hotels Polska
BNP Paribas Bank Polska
BPI Real Estate Poland
Elite Partners Capital
Essilor Optical Laboratory Poland
Griffin Real Estate
Penta Real Estate
Skanska Property Poland
Skanska Residential Development Poland
- Advised Yareal Polska on the sale of the Nowogrodzka Square office building in Warsaw (an A-class office building with GLA of ca. 11,500 sq. m.) to a French fund managed by Amundi Immobilier.
- Advised Archicom on the sale of the “City One” office building in Wrocław (an A-class office building with GLA of ca. 12,000 sq. m.) to an international investor.
- Advised B&B Hotels Polska on the establishment of a long-term cooperation with Covivio Hotels and on a sale-and-leaseback transaction consisting of the sale to Covivio of three B&B hotels (in Warsaw, Krakow and Lodz) (which also required a buy-back of one of the hotels from a financial institution), with B&B Hotels Polska remaining the operator of the hotels under long-term lease agreements.
The real estate team at Penteris is led by Andrzej Tokaj. The team advises on the entirety of the property development cycle and handles all sub-segments of commercial matters impacting the office, retail, warehousing and residential spaces. The client portfolio includes leading owners, developers, and operators (it recently advised Apollo-Rida and Ares Management on the purchase of three office buildings in Krakó) and features complex work in VAT financing, contract negotiation and loan amendments. Katarzyna Sawa-Rybaczek is a key contact for matters concerning asset finance.
Other key lawyers:
‘Penteris is not a big practice in terms of number of people but the team is very resourceful and focused on delivering business-minded, quality services and capable of managing large scale transactions, including working with other jurisdictions. Availability of senior partners and responsiveness is also on the very high side‘.
‘Penteris boasts an impressive real estate practice, covering all aspects of this area and offering full service advice. They combine a unique knowledge of the real estate sector and my business with great legal skills and a pragmatic approach. Penteris is one of the very best in the country in this field.’
‘Very engaged and dedicated/partners working on cases/business oriented and experienced‘.
‘Andrzej Tokaj is one of the most experienced and senior interdisciplinary lawyers in Warsaw who does not shy from engaging in the transactions personally. Katarzyna Sawa-Rybarczek who handles the banking matters is exceptionally time efficient, detailed and diligent‘.
‘Andrzej Tokaj is one of the country’s finest real estate attorneys combining decades of experience with an open-minded approach and a deal making talent.‘
‘Andrzej Tokaj stands out with his strategic overview and attention to details‘.
Cromwell Property Group
RIDA Development Corporation
Octava Property Trust (Elliott Associates Group)
- Advised Apollo-Rida and Ares Management on their purchase of three office buildings in Kraków (‘Equal Business Park’) from Cavatina, and on the acquisition financing.
- Advised Vastint Poland on selling the first stage of Business Garden Poznań to Cromwell European REIT.
- Advised IMMOFINANZ on selling the Equator I office building in Warsaw to CPI Property Group.
Wardynski & Partners
At Wardynski & Partners, Stefan Jacyno, Michał Gliński and Michał Wons lead the team. The team assists with the structure of real estate transactions and also handles due diligence, particularly when reprivatisation claims have been submitted. Notably, the firm also acts as counsel to a number of agricultural producers and is adept at handling forested property matters where new legal restrictions come into force. The group also advises foreign investors on outsourcing and also has expertise advising on the servicing of portfolios where negotiation, amendment and the termination of leases apply.
Stefan Jacyno; Michał Gliński; Michał Wons
‘Mr. Krzysztof Libiszewski- extraordinary negotiation skills combined with excellent knowledge in his field. Mr. Michal Wons – excellent knowledge in the field of real estate. Very good negotiations skills combined with impeccable manners is not an often encountered connection of the skills. Knows how to balance between soft and hard approach in negotiations Mr. Michal Glinski- very good knowledge of the investment market and excellent negotiator.’
‘The team combines deep legal expertise with open minded approach to problems of their clients. They provide advice of high quality and are ready to suggest practical solutions. ’
‘Key individual – Michal Wons. During the difficult Covid time Michal was always available, ready to consult/discuss cases and provide business oriented, yet legally safe, advice. He is engaged in client’s problems.’
‘The team I work with was very experienced and professional. Taking the lead during the negotiation to meet deadlines imposed by us. For an asset sale we felt very comfortable with the team we presented. ’
‘Michal Wons is very dedicated, professional, responsive and attentive. Also, he speaks Spanish, so that is an added value in our case (since our shareholders are from Spain). ’
‘Members of the Real Estate practice of Wardynski & Partners are always available for you and quick in responding to any queries or concerns you may have. They are very professional and insightful into their clients’ special needs. They come up with solutions that lead to accomplishing set up goals. They do excellent work! They are true experts in the field of real estate on the Polish market, highly recommended. ’
‘Michal Wons, partner co-heading the Real Estate practice, represents unmatched professionalism, he truly cares about the needs of his clients and we now that whatever we need, he is there. His team works tirelessly and delivers top notch services’.
Castorama (Kingfisher group)
Cromwell European REIT Management Pte Ltd
KK Wind Solutions
- Advised the Salling Group, in cooperation with the Danish law firm Gorrissen Federspiel, on a legal due diligence of 301 stores and the acquisition of shares in Tesco (Poland) for approx. PLN0.9bn. The transaction is subject to notification of the European Commission.
- Acting together with Kirkland & Ellis for Gazit-Globe Limited on the acquisition of Atrium European Real Estate Limited (“Atrium”) valued at €1.4bn.
- Assisted Cromwell in 2019 in the expansion of its portfolio in Poland: a share acquisition of two companies from the Azora group – owners of two complexes of off ice buildings in Kraków.
The 'professional and skilled' team at Wolf Theiss is led by Tomasz Stasiak. The team has recently been particularly active advising on disposals and acquisitions, and the restructuring of property portfolios, and is particularly known for its work for developers and investors in the logistics sector. The group also advises on the formation of joint ventures linked to new projects. It has expertise in the office asset class and is developing a footprint in the student accommodation space. Senior associate Iwona Huryn, who has 'extensive knowledge of the market', and Aleksandra Jach are other key contacts.
The 'very professional and pro-active team' at act BSWW is led by Michał Wielhorski and Marek Wojnar. Real estate is one of the firm's core competencies, an area in which it handles large commercial developments as well as residential, hotel, leisure and logistics matters. The team covers everything from due diligence through to sale and acquisition, joint ventures, permitting, investment financing and leasing. Lease agreement expert Alicja Sołtyszewska, Mateusz Prokopiuk (who was promoted to the partnership in 2020) and Marta Kosiedowska are other key contacts.
Michał Wielhorski; Marek Wojnar
Other key lawyers:
Alicja Sołtyszewska; Mateusz Prokopiuk; Marta Kosiedowska
‘Very professional and pro-active team. They put themselves into the situation of the client and do represent it, not just automatically execute what they are instructed.’
‘Marta Kosiedowska – Partner, exceptional legal professional be it acquisitions or financing matters. Marek Wojnar – Partner, exceptional director leading client care and engagement.’
‘act BSWW is rather local company but it provides the quality and best practices of an international law firms. I know, they are active on real estate market for very long time and this experience creates trust. ’
‘From my side two names: Marek Wojnar and Marta Kosiedowska. Marek is a managing partner but he always take active role in negotiations and does not delegate handling them to others. He is a brilliant negotiator. Marta Kosiedowska is a great advisor, reliable, hard-working and committed. She is able lead complex negotiations. ’
‘So far I have worked with Alicja Sołtyszewska. Based on that I think act bsww has strong individuals that are finishing hard tasks. I also have experience with the translator – he has done his job fast and skilfully. Cooperation within team was efficient.’
‘I have worked with Alicja Sołtyszewska and I have a great experience working with her. She is a great specialist and professional. Contracts are prepared quickly and thoroughly. Any questions are answered immediately, and any corrections are made straight away. When there is a need to do a fast redraft, there are no obstacles and Alicja is 100% dedicated to it. Without the slightest hesitation, I can recommend working with her, because the quality of her work guarantees stability when closing large contracts.’
‘For the BSWW team, I am not one of many clients, but I always feel that I am the most important.’
‘It is with great pleasure that I would like to mention Marta Kosiedowska, who is someone unique on the Warsaw market in the field of real estate Her knowledge, vast experience and commitment are something that distinguishes her and means that I do not see a better advisor in real estate cases. One should also mention Marek Wojnar with whom I have had the pleasure of working for years. Marek is, in my opinion, one of the best negotiators in Warsaw. Despite the fact that he has been a partner for many years, he always tries to personally run a case commissioned by him.’
‘The team have proved to be competent, quick and communicative. They presented their opinions in a clear and precise way and have been responding to our questions in a short time. The team pointed out all crucial rental risks for us. They had a broad knowledge of real-estate. They were very committed and available. They met deadlines. Always well-prepared for meetings, well-mannered. Factual and precise, going straight to the point.’
CPI Property Group
Fujitsu Technology Solutions
Globalworth Poland (GPRE)
Mapletree Management (Poland)
Santander Consumer Bank
TUF Real Estate Polska
- Advised Strabag on the development and sale of a customised downtown Warsaw hotel project to Motel One as well as on the development and sale of Astoria Premium Offices.
- Advised Buma Group, a major developer based in Kraków on the proposed sale of real estate assets to Reino RF CEE Real Estate.
- Advised Adventum, a real estate investment fund operating internationally, on the acquisition of four well-known office buildings located in Warsaw, Poznań, Wrocław and Katowice.
Allen & Overy, A. Pedzich sp. k.
At , Allen & Overy, A. Pedzich sp. k., the real estate offering is led by Michał Matera and Arkadiusz Pędzich. The team advises on property developments, administrative permits in relation to the real estate space, investment, financing and tax structuring, and has a particularly strong reputation for multi-jurisdictional transactions. In a recent highlight, it advised Goodman Europe on the sale of assets in Central and Eastern Europe to GLP for approx. €1bn.
Michał Matera; Arkadiusz Pędzich
Goodman European Partnership and Goodman Group
Corestate Capital Holding
M7 Real Estate
Aareal Bank AG
Echo Investment S.A.
KION Group AG
LaSalle Investment Management
Franklin Templeton Investments
Cromwell European Real Estate Investment Trust
Bank Pekao S.A.
ING Bank Śląski
Santander Bank Polska S.A.
- Advised Goodman European Partnership and Goodman Group on the sale of assets in Central and Eastern Europe for approx. EUR1bn to GLP.
- Advised Aareal Bank AG on €70,242,000 financing for Elite Partners Logistics 2, a special purpose vehicle of the Singapore-based fund Elite Partners Capital, in connection with the acquisition of six warehouses located in Mszczonów in Poland from P3 Logistic Parks.
Andrzej Lulka i Wspólnicy Kancelaria Prawna sp.k.
Construction law specialist Andrzej Lulka leads the real estate offering at boutique firm Andrzej Lulka i Wspólnicy Kancelaria Prawna sp.k.. The team has expertise in the commercial, office, residential and logistics spaces where it advises on acquisitions, zoning, financing and commercialisation.
Pergranso (E.Leclerc) sp. z o.o.
Equilis Europe SA
BPI Real Estate Poland sp. z o.o.
Kosmepol sp. z o.o.
L’Oreal Polska sp. z o.o.
Paige Investments (AEW Europe) sp. z o.o.
Gdynia Centrum Handlowe sp. z o.o.
Avestus Real Estate sp. z o.o.
Toucan 7 sp. z o.o.
Przedsiębiorstwo Rolno-Przemysłowe “Babinek” sp. z o.o
Enterprise 1 sp. z o.o./Enterprise 2 sp. z o.o. (Tristan Capital Partners)
- Advised Pergranso on the acquisition of real properties C.H.Albatros in Kołobrzeg (Poland).
- Represented Przedsiębiorstwo Rolno – Przemysłowe “Babinek” in negotiations with the National Support Centre for Agriculture in relation to the acquisition of agricultural real property, as well as representing the client in court.
B2R Law Jankowski Stroiński Zięba
Baker & McKenzie Krzyżowski i Wspólnicy Spółka Komandytowa
Baker & McKenzie Krzyżowski i Wspólnicy Spółka Komandytowa's team, led by Weronika Guerquin-Koryzma who recently joined from Linklaters, has substantive experience in sales and acquisitions (including forward sales) and in supporting major developments in residential, logistic and commercial spheres. The group is also increasingly sought after to assist with mixed-use developments. Małgorzata Pietrzak-Paciorek and Mateusz Grabiec are also noted.
Other key lawyers:
Małgorzata Pietrzak-Paciorek; Mateusz Grabiec
‘Team players providing a professional service.’
‘High level of professionalism, attention to both – details and big picture, extensive knowledge of the market (not only regarding formal issues). ’
‘Mateusz Grabiec – an extraordinary high level of expertise and work culture, collaboration at the highest level.’
CGL Investment Holdings Corporation
Zeitgeist Asset Management
HOCHTIEF Development Poland
IWG (formerly Regus)
- Advised CGL Investment on the acquisition of a portfolio comprising six distribution buildings located in different locations in Poland and the Nord Point office building.
- Advised CGL Investment on the acquisition from Invesco Real Estate of two build-to-suit distribution and logistics centres totalling 105,000 sqm.
- Advised Matexi on the preliminary sale agreement of the residential development project “Puławska 186” located in Warsaw to Aurec Capital.
At Bakowski Law Firm, the real estate team acts for on international investors operating within the Polish market. Focusing on the construction, development and sale of commercial offices, it also handles residential projects as they pertain to acquisitions and regulation. It attracts clients from sectors such as defence (it recently assisted with the adaptation of ex-military fortress buildings in Warsaw), mining, gaming and state infrastructure. Investment specialist Igor Bakowski and litigator Maciej Ligier are the practice heads.
Igor Bąkowski; Maciej Ligier
‘Not only did the transaction involve large sums and cross borders jurisdictions, but it was a very complex deal involving a great deal of problem solving. We are very certain that without the assistance of Bakowski Law, this transaction would not have completed had we been with an alternative law firm. ’
‘The lawyers at Bakowski Law really do care about their clients and they do their best and often go above and beyond to ensure that they are able to help clients both in terms of the current work requirement but also in terms of forward planning, thus being proactive rather than reactive to events.’
‘The head partner Igor Bakowski has sacrificed personal time with family to fit into our business needs and has worked tirelessly to provide us with the appropriate advice and help whenever he has been called upon. Igor believes in our project and one of the biggest compliments that we can give him is to class him as a colleague and friend rather than an external solicitor. ’
‘Employees approach topics comprehensively, care about clients and show proactivity.’
‘What makes their practice unique is their expertise. Their knowledge and experience is unmatched. They have an expert on every kind of issue, within all kinds of business sectors. We needed help with our IT license agreements, they were able to help. We needed protection of our personal data, they were able to help with that too. They have done, and can do, it all.’
‘What makes the individuals stand out is their commitment to the client. They listen attentively to your needs and are always responsive along the process. They work hard to provide clear explanations and to keep you comfortable. Mr. Bakowski will jump in whenever needed, to provide his advice. With Bakowski, you always know that you are taken care of, along every step. ’
‘The practice at Bakowski Law is really very unique. The team of lawyers including Managing Partner Igor Bakowski feel like an extension of our team rather than an external Law Firm. In this respect they are extremely unique in their ability to make themselves available at short notice and unsociable hours (late evenings and weekends) to fit into the requirements of our business with regards to international phone calls with our own partners and financiers.’
EDC Holdings Ltd
Slovenské elektrárne a.s.
State Treasury Property Management
Polish Investment and Trade Agency – PAIH (Polska Agencja Inwestycji i Handlu)
BYWATER PROPERTIES Sp. z o.o.
Bomm Sp. z o.o. Sp. k.
Patryk Galicki and Piotr Zapalski lead the real estate team at CDZ Chajec, Don-Siemion & Partners. The group regularly handles transactions involving developed land, buildings (office, retail and hotel schemes) and is expert in Polish administrative law as it relates to permits. Notably, the firm recently advised an international fund on the acquisition of post-industrial property in Warsaw (a matter featuring active restitution claims filed by both heirs and the City of Warsaw).
Patryk Galicki; Piotr Zapalski
TASC Infrastructure Ltd.
Griffin Real estate
- Advised Tasc Infrastructure on the process of acquisition of properties in Poland developed with telecoms masts and infrastructure.
- Advising ArtN on matters concerning the investment process, administrative proceedings, financing and construction related to an office and retail complex in the centre of Warsaw.
- Advised Griffin Real Estate on the sale of a commercial property in the centre of Warsaw, the site of former furniture store “Emilia”.
The real estate team at Crido Legal advises on asset classes including offices, retail parks and logistics. It is also increasingly active in advising on student housing, co-living/serviced apartments, and agricultural land. The team's work is primarily centred upon transactions, asset management and construction investment and is complemented by the expertise of a particularly strong tax department. Counsel Joanna Winter-Szymańska is a key name to note for shopping centres and office building transactions. Jakub Ziółek heads the team.
Other key lawyers:
‘Professional team of lawyers with in-depth knowledge about the industry’.
‘Joanna Winter-Szymanska is the main contact – professional and dedicated’.
IIC Global Investors
Atrium Real Estate
- Advised Corestate Capital on a project aimed at transforming a historic property of the Jagiellonian University – Collegium Medicum in Krakow into a modern student housing facility and serviced apartments.
- Assisted IIC Global Investors with the acquisition of a retail park in Leszno, Poland from a US fund.
- Acted for Nowa Epoka Handlu on the implementation of an innovative pop-up retail concept in the centre of Warsaw.
Eversheds Sutherland Wierzbowski's real estate practice advises on developments, lease transactions, property transfers and infrastructure projects. It is a popular choice for state bodies and counts the General Directorate for National Roads and Motorways as a longstanding client. The team lead is Krzysztof Wierzbowski, an expert in retail, office and residential spaces.
GDDKiA (General Directorate for National Roads and Motorways) / State Treasury
The City of Warsaw
- Advised the General Directorate for National Roads and Motorways on road projects.
- Advised Jeppesen on renegotiations of the lease agreement for consecutive expansions of office space in Arkońska Business Park in Gdańsk.
- Assisted Nokia with the lease agreement for the new research and development centre in Cracow and lease agreement to to consolidate a number of office premises leased by the client.
Marek Grodek and Bartosz Clemenz jointly head the 'very reactive, skilful and competent' real estate team at Hogan Lovells (Warszawa) LLP. Focusing on long-term lease agreements, development contracts and project finance, the team also handles real estate-related litigation and arbitration. Clients include major players from asset classes including retail, office space and residential housing. Mateusz Dereszyenski is the firm's key contact for financing matters.
Marek Grodek; Bartosz Clemenz
Other key lawyers:
‘The team is very reactive, skilful and competent’.
‘What stands out is definitely their market connection and legal updates: both Marek Grodek and Bartosz Clemenz proved extremely reliable and delivered astute advice which enabled us to react appropriately and deliver the expected value.’
‘Focus-oriented on every detail of the transaction.’
‘Most of the time I communicate with Bartosz Clemenz being the lead person for the due diligence work and Mateusz Dereszyenski for the financing work. Both gentlemen communicate well and are knowledgeable of the subject task.’
Och Ziff Management Europe Limited
Kravco Company LLC
Centerscape Investments Polans sp. Z.o.o
Real estate matters at Kochanski & Partners are handled by a 'very skilled team' led by Paweł Cholewiński and Rafał Rapala. The team advises major international and domestic companies on property acquisitions, development issues, environmental considerations and leasing matters. Real estate financing is another strength.
Paweł Cholewiński; Rafał Rapala
‘K&P advised us on all real estate and corporate matters (excluding stock exchange aspects) of the project. We choose K&P knowing their wide experience and expertise in these fields- and especially in real estate. The team, led by Rafal Rapala and Pawel Cholewinski, has proven to be a great choice demonstrating dedication, commitment to the project and professionalism.’
‘We had a chance of working closely with Rafal Rapala and Pawel Cholewinski. Rafal has an extensive experience in corporate and real estate Polish law. He has proven to be a highly skilled lawyer in these fields and business advisor providing us with very good legal services with a business-oriented approach. We had also worked with Pawel – also a highly skilled lawyer who has proven to understand our needs and who was very committed and supportive to the project.’
‘This very skilled team headed by Pawel Cholewinski is capable of going beyond just legal advice. They have a deep understanding of the entire real estate sector and broader economy trends. Thus their advice is truly comprehensive and based on solid business foundations.
‘The team has an impressive track record of handling international projects. They have established relationships with key players in major markets, including the UK, Germany, France, Italy – to name a few.’
AccorInvest Group S.A.
Oxenwood Real Estate (UK)
Skanska Property Poland
Griffin Real Estate
Inter Cars S.A.
Johnson Matthey plc
Gas Transmission Operator Gaz-System S.A.
Universal Fibers Inc.
- Advised AccorInvest Group S.A. on the acquisition of Orbis S.A., one of the largest public companies at Warsaw Stock Exchange, operator of +70 hotels located in Poland and in the CEE Region.
- Advised Oxenwood Real Estate on its entry into Poland and acquisition of the DHL logistics centre located in Radzymin, 30km out of Warsaw.
- Advised Beneteau Group on the enterprise acquisition of Delphia Yachts, including respective production sites. The transaction included the acquisition of numerous real estate properties which affected the structure of the transaction.
In addition to representing key German clients, Noerr's 'extremely capable' real estate team has recently developed its Polish client base and has been particularly active advising on residential-for-rent, infrastructure and greenfield matters. The group also handles include real estate financing, investment and litigation. Radosław Biedecki and Paweł Żelich are the practice heads.
Radosław Biedecki; Paweł Żelich
‘I had a pleasure to work with Noerr on a lease agreement. Timeliness, willingness to support and assist.’
‘The individuals are extremely capable, have a positive approach and are timely in their responses.’
Globe Trade Centre
Valeo Siemens eAutomotive
- Advised European Finance Funds III (EPF III) managed by Apollo on the sale of a real estate portfolio to Singapore’s sovereign wealth fund GIC
- Advised TAG Immobilien on the acquisition of Vantage Development, a leading real estate developer operating in Western Poland.
- Advised Globe Trade Centre on the sale of two real estate projects in Poland.
Rymarz Zdort entered the market in 2020 but consists of the team that was formerly with Weil, Gotshal & Manges – Pawel Rymarz sp.k. Led by Agnieszka Koniewicz and recently promoted partner Piotr Fedorowicz, the group advises on real estate M&A, cross-border deals, office buildings, shopping centres, residential developments and student housing. In addition, clients can benefit from expertise in leasing matters, fit-out works and general asset management. Pawel Zdort and Filip Uzieblo are other key names.
Agnieszka Koniewicz; Piotr Fedorowicz
Other key lawyers:
Filip Uzieblo; Pawel Zdort
‘Agnieszka Koniewicz: very hands-on, able to actively manage and focus the parties to the transaction. ’
‘Very efficient transactional team and extremely hardworking. Always two steps ahead in responsiveness and communication’.
‘Pawel Zdort is a commercial lawyer with exceptional experience and great understanding of business complexities. He is able to provide solutions to the most complex matters.
‘Piotr Fedorowicz- a great transactional lawyer, very communicative, efficient with fantastic transaction skills. Always two steps ahead in responsiveness and communication.’
‘Pawel Zdort – very experienced partner with wide connections and a problem-solving approach. He always tries to find a solution to avoid further conflicts and delays in the process.’
‘Piotr Fedorowicz – a very responsive and engaged individual with the highest standards with respect to dealing with clients. ’
‘Strong, highly-qualified team – especially in M&A / Corporate transactions where it is a market leader. They know what is important for the deal and the client and are strong in emphasizing the deal parameters that really matter.’
‘Piotr Federowicz always makes the extra effort to deliver on time and is fully committed to the deal – he doesn’t see himself as a legal service provider but instead as part of the deal team’.
Ares Management Corporation
European Logistics Investments
Griffin Real Estate
Lone Star Funds
Nexity S.A. and the Polish Nexity group
Oaktree Capital Management & PIMCO
Penta Real Estate
Raiffeisen Bank Polska S.A. and Raiffeisen Bank
International AG (Spolka Akcyjna)
Ronson Development SE (formerly Ronson Europe N.V.)
Trademarc Property Fund
- Advised Globalworth on the purchase of the Chmielna 89 office building in Warsaw and the Tischnera Office building in Krakow.
- Advised Redefine Properties, Griffin Real Estate and European Logistics Investments on the sale of 46.5% of the shares in ELI to Madison International Realty, the owner of a €500m Polish real estate portfolio.
- Advised Echo Investment S.A. on the sale of a third building within the O3 Business Campus to EPP (as part of a JV with Henderson Park).
Real estate-focused firm SKJ Szybkowski Kuźma Jeleń sp.j. fields a team led by Anna Jeleń, Agnieszka Kuźma and Wojciech Szybkowski. Acting for major international investors and developers, the group advises on real estate M&A, financing and commercial property matters. Clients include banks, healthcare providers, asset managers and a significant number of embassies.
Anna Jeleń; Agnieszka Kuźma; Wojciech Szybkowski
Tokio Marine HCC
Greenstone Asset Management
Hanwha Q Cells
Embassy of Canada in Poland
Embassy of Finland
Blue Line Engineering
Hermes Energy Group
Polskie Koleje Linowe
SMT Polonia (Sahajanand Medical Technologies Pvt.Ltd.)
- Advising Egger Group on the development of a chipboard production plant in Biskupiec.
- Advised Blue Line Engineering during the process of a de-investment agreement relating to an exit from a joint venture businesses carried out by Blue Line Engineering S.A. and UNIMOT S.A. (company listed at Warsaw Stock Exchange).
- Advised DWS on the sale of Green Corner building – an “A” class office property located in Warsaw.
At Soltysinski Kawecki & Szlezak, the real estate team is led by Radosław Waszkiewicz, who is a key name for acquisitions, divestment and leasing. The group acts for clients active in a range of asset classes including offices, hotels, residential property and retail, and also provides agricultural property advice. Its recent caseload includes matters concerning the reclamation of property, compensation, international inheritance, co-ownership, reprivatisation and restitution.
AXA REIM SGP (OneLog Invest (Lux) S.à r.l.)
Ares European Property Enhancement Fund II
Investec Property Fund Offshore Investments Proprietary Limited
LG Chem Wrocław Energy sp. z o.o.
Azora Europa (Brassa sp. z o.o.)
Wenaas Hotels Europe A/S
Auchan Polska Sp. z o.o.
UPS Polska Sp. z o.o.
Żabka Polska SP. z o.o.
Unibail Rodamco Westfield
Mercedes Benz Polska Sp. z o.o
Reform Company Sp. zo .o.
- Advised Investec Property Fund Offshore Investments Proprietary on the acquisition of a European portfolio of logistics facilities, which includes five facilities in Poland combined with the takeover of existing bank financing by the buyer.
- Assisted Azora Europa Fund with the sale transaction of the Aquarius Business House office complex in Wrocław (sale of shares of two special purpose vehicles) – sale of 100% shares by Azora to CBRE GI.
- Advised Wenaas Hotels Europe on the acquisition of Hotel Radisson Collection***** Warsaw.
SSW Pragmatic Solutions
Greenfield specialist Maciej Duch leads the real estate team at SSW Pragmatic Solutions. The group advises domestic and foreign companies on their investment activities, and has a particular focus advising on real estate M&A transactions and other commercial property matters. It also assists with asset classes including office and warehouse spaces, where it advises on lease agreements, construction contracts and joint ventures.
‘Maciej Duch, advocate: The best lawyer for negotiation. It is one of my biggest successes that I found him.’
Based in Wrocław, Marcin Wojtasik and Maciej Jarecki lead the real estate team at Wiewiórski Legal. Working on large industrial and logistics projects, it is also well known for assisting clients with the complexities of project financing. The firm also handles contentious cases and has recently represented investors in disputes with subcontractors and the owners of neighbouring properties. Environmental impact assessments and due diligence constitute additional service offerings.
Marcin Wojtasik; Maciej Jarecki
‘As the partner Mr. Wojtasik is a person easy to work with, always eager to help in projects of any size. Especially the work on lease agreements had been successful. As the tenant I had been led step by step through all stages including negotiations with the landlord, proposing solutions regarding shape of the lease, then work on details of the agreement and accompanying documentation‘.
‘Mr. Wojtasik had been often put in challenging situation acting as a proxy between myself, the landlord and my supervisors from the main office in London – people who speak different language and of different culture. Mr. Wojtasik did a great job based on professionalism and superb communication skills. ’
‘Mr Marcin Wojtasik is an exceptional real estate lawyer. He works for the clients almost too hard. He is able to discuss any aspect of the real estate transaction, including business one or insurance and others. With ease he negotiated the legal topics both in English and Polish. He possess unique ability to explain complicated legal issues to the business people and to obtain final client decision. He is ready to provide his own recommendation based on huge experience gathered during the years. On behalf of the client he negotiated in a calm manner, encouraging the client to keep also a distance from the negotiating tricks used by the other party. That helps not to lose the main subject context. ’
‘Great expertise and excellent understanding of client’s business needs. Their vast experience helped us navigate through the negotiations and execution of multiple documents related to our new office. Top notch professionals.’
‘Marcin Wojtasik – exceptional expertise, vast experience, excellent understanding of client’s business needs. Great knowledge of the market – he was not only a legal advisor but also a business partner, helping us negotiate the best terms and get a set of documents we feel safe with.’
‘Wiewiorski lawyers have good knowledge about the market and their broad experience is a guarantee they will be able find a solution for most of the problems. The team members are also highly responsive, oriented for effective completion of the deal and have good negotiating skills.’
‘Marcin Wojtasik is the team head. He has huge experience not only in real estate project which gives him broad overview of the project. He is able to explain legal issues to non-lawyers, which is highly appreciated.’
- Advised Danfoss on the sale of a manufacturing plant in Wrocław.
- Advised Acuris on the expansion of an office space for its Polish IT delivery centre.
- Adviced GlobalLogic the on construction and long-term lease of an office building for the Polish headquarters.
JDP Drapała & Partners
At JDP Drapała & Partners, the real estate team counts Mercedes-Benz and Nokia Solutions among its client. The group advises on joint venture agreements, industrial leases and ancillary matters such as facility agreements, and internal corporate documentation. The team is led by joint venture specialist Maciej Chrzan and includes Marcin Chomiuk and senior associate Michal Urbanski.
The team at Schoenherr Stangl sp.k. is led by Marta Bijak-Haiduk. The group acts for clients including Panattoni and Jones Lang LaSalle and is well known for advising equity funds, investors and developers on the acquisition of real estate via both asset and share deals. The group advises on the tax structuring and financing relating to real estate, as well as permits, building contracts and claims management. The acquisition of agricultural land and forestry is an additional area of expertise. Dominika Sulak-Seyfried and senior associate Patrycja Czarnecka are other names to note.
WKB Wiercinski, Kwiecinski, Baehr
The real estate practice at WKB Wiercinski, Kwiecinski, Baehr, which is led by Anna Wyrzykowska, has recently gained Knight Frank and United International Pictures as new clients. The team assists with asset deals and restructurings relating to industrial properties, hotels and office complexes and is equally adept at handling greenfield and brownfield projects (areas in which it covers both zoning and contractual matters). The group also handles disputes in the real estate space. Bartosz Łaski and Iwona Roksela-Milenik are names to note.