B2RLaw advises Fortress REIT on another logistics transaction regarding property in Zabrze26/04/2022
B2RLaw has advised South African-based Fortress REIT Limited on another logistics and warehousing acquisition, regarding property in the Silesia region of Poland.
The acquisition was made with the purpose of developing a modern logistics hub in Zabrze, in the vicinity of the City, and in close proximity to a junction of the A4 motorway and existing retail parks. The development will offer a leasable area of up to 115,000 m2 of modern logistics space.
Fortress REIT Limited is South Africa’s largest owner and developer of core, premium-grade logistics real estate.
B2RLaw provided full legal advice to Fortress on the acquisition, including financial aspects of the transaction, with its team supervised by Senior Partner Rafał Zięba, and led by core members of the group including Senior Associates Aleksandra Karteczka – Gurgul and Piotr Leonarski, Counsel Filip Badziak, as well as support provided by Senior Associate Radosław Minh Nguyen and Junior Associate Michał Blados.
We thank the Fortress team for again trusting us on this important transaction to expand their presence on the Polish market. With offices in Krakow and Katowice, its great that real estate developers and funds regard B2RLaw as the go-to law firm for prime real estate deals in the Małopolski and Silesia regions, in addition to our core Warsaw market – said Rafał Zięba.