Greenberg Traurig advised Auchan Polska and Ceetrus in connection with the preliminary agreement to sell a retail portfolio of eight shopping centres located across Poland to Adventum Penta Fund SCA SICAV-RAIF, a Hungarian investment fund.
This portfolio deal, structured as a sale-and-leaseback transaction, is one of the largest real estate transactions in Poland in 2025. Auchan will remain the anchor tenant of the retail assets under a 15-year lease with guaranteed options for further extension.
The Greenberg Traurig team was led by Partner Karol Brzoskowski, Counsel Filip Janeczko and Senior Associate Mateusz Rydzewski. The team also included Associate Tomasz Drzewiecki and Junior Associate Przemysław Susoł.
Local Partner Maciej Kacymirow and Senior Associate Mateusz Rogulski advised on the tax aspects of the transaction. Associate Paweł Fortuna advised on the competition aspects of the deal.
Partner Karol Brzoskowski supervised all work on the transaction.
“Congratulations to Auchan and Ceetrus on the successful signing of this complex transaction. We are delighted to have supported our clients in this deal, which further highlights the strong investor interest in stable and attractive retail assets. The sale of this portfolio of eight shopping centres, which have long-term sale-and-leaseback arrangements, preserves Auchan’s operational footprint in Poland. This deal reflects the resilience of the Polish retail real estate market and the continued confidence of institutional capital in high-quality retail infrastructure,” said Karol Brzoskowski, Partner in the Warsaw real estate practice.
Auchan is the Polish subsidiary of the French multinational retail group Auchan and operates a large-format retail network in Poland, including hypermarkets, supermarkets and convenience formats, serving millions of customers with a broad range of consumer goods and grocery products; the company manages over 200 stores across formats and is a significant player in the Polish retail sector.
Ceetrus’s real estate portfolio is worth over €8 billion and covers nearly 20 million sqm. It comprises almost 300 commercial properties and 50 development projects in 10 countries. The company entrusts Nhood, its service company, with managing its assets to revitalise, regenerate, and transform its properties.
Adventum Penta Fund SCA SICAV-RAIF is part of the Adventum Group, a Hungarian capital group that manages investment funds focusing on real estate assets in Central and Eastern Europe. The group currently owns over 700,000 sqm of commercial and office real estate. The group manages real estate in Poland, Slovakia, the Czech Republic, Hungary, and Romania.
