act legal Poland advises Adventum International on purchase of Katowice Business Point
Adventum International, an investment fund operating internationally, has purchased Katowice Business Point. Covering a usable area of over 17,500 sq.m., the building is located in a fast-growing district of Katowice. It is the third project launched by the investment fund in Poland over just seven months – in June and October, Adventum purchased Poznań Financial Centre (Poznań) and Renaissance Plaza (Warsaw).
Katowice Business Point is located at Ściegiennego 3, in the direct vicinity of the largest shopping mall in the Silesia region – Silesia City Center, and one of the most prestigious residential estates in Katowice – Dębowe Tarasy. As a business location, it offers many perks, easy access to transport services being one of them.
act legal Poland (BSWW) advised the buyer throughout the purchase of shares in the company owning Katowice Business Point. The services provided by the law firm included due diligence audit of the property, drafting transaction-related documents, negotiation support and transaction-related advice.
The project team was led by Marek Wojnar (attorney-at-law and Managing Partner, co-heading the real estate practice of the law firm) and Marta Kosiedowska (attorney-at-law, Partner), with the support of Katarzyna Góra (attorney-at-law, Senior Associate). Due diligence audit was prepared under the direction of Magdalena Banaszczyk-Głowacka (attorney-at-law, Partner).
– The fund’s investment strategy focuses on office and retail projects in the CEE region, Poland in particular, says Marta Kosiedowska, Partner at act BSWW. We are happy to see the dynamic development of our Client’s projects and appreciate the trust placed in us, she adds.
Adventum is a group of boutique investment fund management companies focused on Central European real estate investments. The Group’s personnel includes highly experienced real estate professionals with CFA, NRW and MRICS qualifications, with a combined investment experience of 70+ years. The management has so far executed investments in the CEE region with a total value of over EUR 1.5bn.
The seller was represented by Dentons.