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DLA Piper Advises Aareal Bank on Financing Star Capital Finance Acquisition of Polish Shopping Centers

DLA Piper Advises Aareal Bank on Financing Star Capital Finance Acquisition of Polish Shopping Centers

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DLA Piper has advised the Aareal Bank on financing Star Capital Finance's EUR 285 million acquisition of six shopping centers in Poland from the Cromwell Property Group.

The transaction included the Janki Shopping Center in Warsaw, Kometa Shopping Center in Torun, Korona Shopping Center in Wroclaw, Tulipan Shopping Center in Lodz, Ster Shopping Center in Szczecin, and Rondo Shopping Center in Bydgoszcz and was announced a week earlier, as reported by CEE Legal Matters on May 23, 2024.

According to DLA Piper, this is "the largest investment on the Polish real estate market this year, as well as the first Star Capital Finance transaction in Poland."

The DLA Piper team was led by Partner Mariusz Hyla and included Partner Bartlomiej Palusiak, Senior Associate Anna Jarczok, Junior Associate Daniel Jakubiak, and Paralegal Krzysztof Chlebowski.

DLA Piper did not respond to our inquiry on the matter.

Editor's Note: After this article was published, Dentons informed CEE Legal Matters that it advised Star Capital Finance. The firm's team included Counsel Jakub Zienkiewicz and Associate Kamil Bator.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.