Greenberg Traurig has advised the Wing Group on the acquisition of Lisala sp. z o.o. from Echo Partners B.V. Echo Partners is owned by affiliates of Oaktree and PIMCO, and through Lisala it holds 55.95% of the shares of Echo Investment S.A. Weil advised the sellers and White & Case advised the management board of Echo Investment on the transaction, which is subject to clearance by the Polish Office of Competition and Consumer Protection.
The Wing Group is a privately-owned real estate company in Hungary, specializing in office, industrial, retail, residential, hotel, and special projects primarily in Budapest.
Echo is the largest Polish developer listed on the Warsaw Stock Exchange. The Echo Group is involved in the construction, lease, and sale of office and retail buildings, construction and sale of residential buildings as well as trade in real estate in Poland.
The Greenberg Traurig team included Partners Stephen Horvath, Jolanta Nowakowska-Zimoch, Michal Bobrzynski, Andrzej Wysokinski, Michal Fereniec, Anna Halas-Krawczyk, Robert Gago, and Eric Rosedale, Senior Associates Maciej Pietrzak, Kamil Majewski, Mateusz Koronkiewicz, Agata Wisniewska, Associates Karolina Woronko-Kawa, Michal Niecko, Maxymilian Rybczynski, Magdalena Medynska, Majka Rucinska, Natalia Wolkowycka, Filip Drgas, Agnieszka Stopinska, and Marta Kownacka, and Paralegal Michal Gruza.
The White & Case team included Partners Rafal Kaminski and Marcin Studniarek and Associate Monika Duzynska.
Weil's team included Counsel Monika Kierepa, Associates Jakub Zagrajek, Jacek Zawadzki, Piotr Fedorowicz, and Aleksandra Kabac, and clerks Tomasz Bakowski and Leszek Cyganiewicz.