Henderson Park acquisition of 70% in Echo Polska Properties portfolio

2/7/2019
Joint venture, Real estate acquisition

Announced

2/7/2019


Overview:

  • European private equity real estate platform Henderson Park has acquired 70% of a portfolio of 11 office buildings from Echo Polska Properties (EPP), a Johannesburg Stock Exchange listed Polish property company, with the two parties entering into a joint venture. 
  • The buildings are located in Kraków, Poznań and Lódż and have combined office space of 105,000 sqm.
  • McKinsey, Philips, Nordea Bank and Grant Thornton are among the tenants in the fully-let buildings.

Rajeeb Gurung - Researcher 

Jurisdiction:

Poland

Deal types:

Joint venture
Real estate acquisition

Practice area:

M&A

Industry sector:

Real estate


Firms:

Party: Echo Polska Properties (Seller, Joint venture partner)


Party: Henderson Park (Acquirer, Joint venture partner)

Lawyer: Guido Portier