Linklaters has advised NEPI Rockcastle on its acquisition of the Atrium Copernicus Shopping Center in Torun from G City Europe. Dentons advised the seller.
According to Dentons, “G City Europe sold the property as part of its strategy to reposition its portfolio toward large, high-quality dominant shopping malls in prime urban locations and to invest in a new class of assets.”
The agreed property value was EUR 127 million. The “Copernicus Shopping Center, with a gross leasable area of 48,000 square meters, is the dominant retail scheme in Torun, at the city’s strategic location,” Linklaters informed, with tenants including Auchan, H&M, Stradivarius, Media Markt, LPP, and Decathlon.
NEPI Rockcastle owns and operates shopping centers in CEE. G City Europe, formerly Atrium European Real Estate, is a shopping center developer and operator.
The Linklaters team was led by Partner Janusz Dzianachowski and Senior Associate Jedrzej Palka and included Managing Associates Tomasz Trystula, Wojciech Podlasin, and Krzysztof Gorny, Senior Associate Joanna Koterbska, Associates Maksymilian Hau, Bartosz Boenigk, and Daria Wojciechowska, and Junior Associates Aleksandra Mielniczuk and Jacek Widenka.
The Dentons team was led by Partner Jacek Jezierski and included Senior Associate Alicja Pulawska and Associates Zuzanna Sobon and Damian Lewandowski.