The Warsaw office of Hogan Lovells has advised Union Investment Real Estate GmbH on its acquisition of the Ferio Konin shopping center in Poland from Rockspring Property Investment Managers. Dentons was legal advisor of Rockspring on the deal.
Ferio Konin was completed in 2008 by developer RE Project Development, which subsequently sold it in 2010 to Rockspring for EUR 47.2 million. It consists of a shopping center and retail park with 74 units and 35,585 square meters of retail space, which was extended in 2013/2014 by an additional 2,500 square meters, at which time the central food court was remodelled. The mall is located 5 km from the Konin town center on the Warsaw–Berlin motorway. Hogan Lovells reports that “it will soon receive a BREEAM certificate at the ‘Very Good’ level,” and claims that “Ferio Konin is the dominant retail center in the city.”
The Hogan Lovells team advising Union Investment Real Estate was supervised by Partner Jolanta Nowakowska-Zimoch and led by Senior Associate Justyna Milewska, assisted by Lawyer Joanna Fidecka.
The Dentons team advising Rockspring Property Investment Managers was led by Partner Tomasz Stasiak, assisted by Senior Associate Irona Huryn.
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