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DLA Piper Advises Aareal Bank on Financing Star Capital Finance Acquisition of Polish Shopping Centers

DLA Piper Advises Aareal Bank on Financing Star Capital Finance Acquisition of Polish Shopping Centers

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DLA Piper has advised the Aareal Bank on financing Star Capital Finance's EUR 285 million acquisition of six shopping centers in Poland from the Cromwell Property Group.

The transaction included the Janki Shopping Center in Warsaw, Kometa Shopping Center in Torun, Korona Shopping Center in Wroclaw, Tulipan Shopping Center in Lodz, Ster Shopping Center in Szczecin, and Rondo Shopping Center in Bydgoszcz and was announced a week earlier, as reported by CEE Legal Matters on May 23, 2024.

According to DLA Piper, this is "the largest investment on the Polish real estate market this year, as well as the first Star Capital Finance transaction in Poland."

The DLA Piper team was led by Partner Mariusz Hyla and included Partner Bartlomiej Palusiak, Senior Associate Anna Jarczok, Junior Associate Daniel Jakubiak, and Paralegal Krzysztof Chlebowski.

DLA Piper did not respond to our inquiry on the matter.

Editor's Note: After this article was published, Dentons informed CEE Legal Matters that it advised Star Capital Finance. The firm's team included Counsel Jakub Zienkiewicz and Associate Kamil Bator.

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Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.

Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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