Greenberg Traurig has advised companies in the Marvipol group on the sale of residential and commercial units in three built-to-rent residential projects in Warsaw to Swedish company Heimstaden Bostad. Dentons advised Heimstaden Bostad on the deal.
Marvipol Development S.A. is a Polish real estate developer, operating in residential and industrial areas. Heimstaden Bostad is a European residential property owner and operator. Currently, the company owns over 100 thousand residential units in Norway, Sweden, Denmark, the Netherlands, Germany, Poland, and the Czech Republic
The total usable area of the projects will exceed 30,000 square meters, and the transaction value amounts to PLN 380.9 million. According to Greenberg Traurig, “the projects to be developed by Marvipol will include 647 residential units with an option to acquire additional 60 apartments as well as commercial units and parking spaces in Unique Tower, Moko Botanika and Studio Okęcie projects, located in the Wola, Sluzewiec, and Wlochy districts of Warsaw. “
The Greenberg Traurig team was led by Partner Agata Jurek-Zbrojska and included Senior Associate Filip Widuch.
Dentons' team included Counsel Jaroslaw Stapel and Associates Maciej Roman and Patrycja Pakla.