Addleshaw Goddard has advised Develia on a preliminary agreement to acquire 100% of the shares in Bouygues Immobilier Polska from its French parent, Bouygues Immobilier, for EUR 66.5 million. Dentons advised Bouygues Immobilier.
Develia is a Polish residential developer.
According to Addleshaw Goddard, Bouygues Immobilier Polska’s portfolio comprises approximately 1,300 ongoing residential units across Warsaw, Wroclaw, and Poznan, with secured pipeline rights for a further 2,800 units.
The Addleshaw Goddard team included Counsels Tomasz Trystula and Szymon Sieniewicz, Managing Associate Marta Strykowska, Zuzanna Lipska, Piotr Zbyszynski, Barbara Wanat, and Lukasz Burakowski, Senior Associates Filip Witaszek, Michal Wolangiewicz, and Daria Wojciechowska, Associates Aleksandra Mielniczuk, Agnieszka Myszor, Aleksandra Stanulewicz, Jakub Gerula, Aleksandra Czubek, and Malgorzata Czubernat, and Junior Associates Magdalena Mirek, Barbara Smulska, Piotr Snihur, and Urszula Furgal.
The Dentons team included Warsaw-based Partners Michal Wasiak and Monika Sitowicz, Managing Counsel Anna Gulinska, Counsel Natalia Lawniczak-Koziol, and Associates Paulina Obiedzinska, Weronika Urbszys, and Weronika Nowosielska as well as France Managing Partner Pascal Schmitz.
