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Kinstellar advises GLP, a leading global investment manager, on a EUR 1 billion multi-jurisdictional logistics portfolio deal

July 2020 – Kinstellar has successfully advised GLP, a leading global investment manager specialising in logistics, real estate, insurance and related technology investments, on the Czech, Slovak and Hungarian law aspects of its recently completed acquisition of Goodman Group’s Central and Eastern Europe logistics real estate portfolio. The transaction was subject to standard regulatory approvals.

GLP operates across Brazil, China, Europe, India, Japan, and the U.S., and has approximately USD 89 billion in assets under management in real estate and private equity funds.

Goodman Group’s Central and Eastern European regional team of around 40 professionals, joined GLP’s European team upon the completion of the transaction. The acquired 2.4 million m2 portfolio is concentrated in strategic logistics routes across the region, with access to growing markets for e-commerce and distribution. The acquisition of the portfolio is part of a broader European expansion since GLP’s entrance to the market at the end of 2017.

Kirkland & Ellis served as legal counsel to GLP, while Greenberg Traurig provided local legal advice with respect to the Polish law aspects of the transaction.

The Kinstellar team was led from Prague by Klára Štěpánková (Partner) and included Jan Juroška (Partner), Rudolf Schichor (Senior Associate) and Matěj Večeřa (Junior Associate) in Prague; Viliam Myšička (Partner), Martin Koša (Senior Associate), Dáša Labašová (Associate), and Norbert Štilla (Junior Associate) in Bratislava; and Mónika Frank (Managing Associate), László Palócz (Associate), Bertalan Ványa (Associate), and Judit Sós (Junior Associate) in Budapest, as core team members. The Kinstellar core financing team included Martina Březinová (Counsel, Prague), Tomáš Melišek (Managing Associate, Bratislava) and Máté Nagy (Senior Associate, Budapest).

For more information, please contact Klára Štěpánková at

e-mail

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