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act legal Poland advises STRABAG Real Estate on sale of real estate in Szczecin

19.04.2022

In line with its current investment strategy focusing on large development projects located in Warsaw and Kraków, STRABAG Real Estate is selling selected smaller real estate assets in Poland. One of such properties is a land lot in Szczecin, intended for investment purposes.

The law firm guided the client throughout the sale of an investment property in Szczecin, while at the same time providing tax advisory services.

The project team was led by Marek Wojnar, Managing Partner, and Marta Kosiedowska, Partner, supported by Aleksandra Krzemień, Associate. Małgorzata Wąsowska, Partner and Head of Tax, was responsible for the tax side of the transaction.

STRABAG Real Estate is one of the leading developers, operating in 13 European countries. In Poland, the company has constructed and delivered a number of buildings, including the Astoria office project in Warsaw and a hotel for the Motel One operator. With a view to further developing its portfolio, in 2019 the developer bought a downtown Warsaw land lot with the Atrium International office building, followed by the January 2022 acquisition of the land with the Galeria Plaza mall in Kraków. Both buildings are to be demolished and replaced with modern mixed-use developments.

The real estate team at act BSWW legal & tax is one of the biggest among Polish law firms. Our practitioners advise on all types of real estate projects, with a strong focus on large development, retail and office projects. They act for a wide range of international, domestic and regional clients, including developers, property owners, asset managers, investors, lessors and lessees.

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