Clifford Chance has advised Hillwood Polska on a joint venture agreement with Develia for the development of a Malin logistics center. MFW Fialek advised Develia.
According to MFW Fialek, “as part of the joint venture, the companies intend to develop a logistics center with a minimum gross leasable area of 400,000 square meters located in Malin, near Wroclaw. The estimated value of the entire project will exceed PLN 1.5 billion.”
Hillwood Polska is a Polish production and warehouse space developer. Develia is a property development group with construction projects in Polish cities.
Clifford Chance previously advised Hillwood Polska on the financing for the construction of a logistics park in Sycow (as reported by CEE Legal Matters on June 13, 2022) and on the financing for the construction of a logistics park in Zgierz (as reported by CEE Legal Matters on August 30, 2022).
Earlier, MFW Fialek also advised Develia on a joint-venture transaction with Grupo Lar’s Polish subsidiaries (as reported by CEE Legal Matters on October 28, 2021).
The Clifford Chance team included Counsel Bartosz Kaniasty and Senior Associates Michal Przybysz and Marta Michalek-Gervais.
The MFW Fialek team was led by Partner Miroslaw Fialek and included Counsel Rafal Siemieniec, Senior Associate Karolina Woronowicz, and Associate Pawel Siwiec.