Private Equity

Kinstellar advises GLP on its European expansion with EUR 1bn Goodman CEE portfolio deal

March 2020 – Kinstellar offices in the Czech Republic, Slovakia and Hungary have successfully advised GLP, a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, on an agreement to acquire Goodman Group’s Central and Eastern Europe logistics portfolio, subject to regulatory approvals.

In addition, upon completion of the transaction, the approximately 40-person team of Goodman Group working in the region will join GLP’s European team, Gazeley, and will support the Company’s growth across Europe.

GLP entered the European market in December 2017 through the acquisition of Gazeley, a developer, investor and manager of European logistics warehouses and distribution parks with a 2.4 million sqm portfolio across the UK, Germany, France, Spain, Italy, Poland and the Netherlands.

The Kinstellar team was led from Prague by Klára Štěpánková (Partner) and included Jan Juroška (Partner) and Rudolf Schichor (Senior Associate) in Prague, Viliam Myšička (Partner) and Dáša Labašová (Associate) in Bratislava, and Mónika Frank (Managing Associate), László Palócz and Bertalan Ványa (Associates) in Budapest, as core team members.

For more information, please contact Klára Štěpánková, Partner, at .