Merity Funds, a sister company of Trigea Real Estate Fund specialising in development projects, acquired a real estate property located in Gliwice. Greenberg Traurig advised Merity Funds. Advice on the transaction also included negotiating and signing an agreement with the developer – GLP Poland – for the development and management of the proposed multi-tenant logistics project. The development will consist of two buildings with a total GLA of 60,000 sqm on 12 hectares of land.
“We congratulate Merity Funds on the completion of the acquisition in the logistics sector. The success of this acquisition underlines our client’s commitment to the growth of the logistics sector. The completion of this step paves the way for the multi-stage logistics project that lies ahead,” said Radomił Charzyński, Deputy Managing Partner at the Warsaw office of Greenberg Traurig, who supervised all work on the transaction.
The transaction was led by Senior Associate Filip Widuch and supported by Associates Paulina Walczewska, Bruno Jasic and Alicja Flis. Deputy Managing Partner Radomił Charzyński supervised all work on the transaction.
Merity Funds is a fund dedicated to qualified investors that focuses on investments in the development of high-quality logistics properties with stable returns. The fund’s main investment region is Central Europe. Merity Funds is associated with Trigea Real Estate Fund, a Czech real estate fund established in 2019, which is currently one of the fastest-growing Czech funds. Trigea focuses mainly on commercial properties, especially office buildings and retail.