Linklaters has advised Echo Investment on the sale of the Face2Face Business Campus office complex in Katowice to a joint venture of Investika and Bud Holdings for over EUR 100 million. Dentons and, reportedly, Crido advised the buyers.
Echo Investment describes itself as the largest Polish developer, with extensive experience in residential, retail and service, and office real estate.
Investika is a Czech retail investment fund. Bud Holdings is a private equity company.
According to Linklaters, the “Face2Face Business Campus consists of two buildings encompassing 47,000 square meters of office space. The complex is leased almost 100% to tenants such as Capgemini, Honeywell, DAZN, Orange, Medicover Polska, and CitySpace.”
Linklaters’ team included Managing Associate Tomasz Trystula, Associate Marta Strykowska, and Junior Associate Joanna Roman.
Dentons’ team included Partner Jacek Jezierski, Senior Associates Paulina Dabek and Marcin Gruszka, and Associates Karolina Kordulska and Paulina Surma.