Another deal done! Duch / Lisicki & Partners advised the owners of Multishop Sochaczew on forming a joint venture together with Falcon Investment Management, and subsequent acquisition of the Tesco shopping mall in Sochaczew.
As a result of the transaction and pending redevelopment, the area of Multishop Sochaczew will increase to over 12,000 GLA, and the retail park will be enhanced by new, leading retail operators such as Netto and Action.
DLP advised on all aspects of the deal, including negotiation of an agreement between the JV partners and an agreement for sale of shares in the SPV, as well as assisting the SPV itself with a due diligence review and a sale and lease back agreement with Tesco Polska (Netto Indygo). The DLP team advising on the transaction comprised Maciej Duch (Partner), Artur Lisicki (Partner), Michał Cwajna (Counsel) and Roma Budzyńska (Senior Associate).
Huge thanks and congratulations to all parties involved in this transaction!