ISOC Group’s Acquisition of Silesia Business Park Class A office buildings

Hogan Lovells Warsaw Office advised the ISOC Group in the transaction consisting of the acquisition of C and D buildings of “Silesia Business Park” from Skanska. From the Seller’s side, the transaction was led by Dentons.

The transaction involved two new class A office buildings with leasable area of over 24,000 sq.m. Silesia Business Park is located in the most dynamic business district in Katowice. ISOC and Skanska signed the final sale agreement on December 21, 2018.

The ISOC Group is a real estate and industrial infrastructure investment company based in the Philippines with a registered office in Manila. The acquisition of buildings C and D of Silesia Business Park is one of its first real estate transactions in the Polish market. “We are excited by this investment in the Silesia Business Park, and intend to continue investing in Poland,” said Michael Cosiquien, Chairman of the ISOC Group.

From the Purchaser’s side, this transaction was conducted by counsel Bartosz Clemenz (Picture). The head of Hogan Lovells real estate legal practice, Partner Marek Grodek supervised the transaction and coordinated works of multidisciplinary legal team. The real estate transaction team included Adam Nowosielski, Michal Zajaczkowski, Ewa Kraszewska, Marta Popis, Damian Gadomski and Pawel Gnas. Tax advice was led by Andrzej Debiec, Partner heading tax practice of Hogan Lovells Warsaw Office and counsel Zbigniew Marczyk, financing legal advice was led by Piotr Zawislak, Partner leading banking law practice, Mateusz Dereszynski and Jakub Matusielanski, and in the area of IP law by Ewa Kacprek, counsel heading intellectual property, media and new technologies department, Jakub Baczuk and Weronika Wolosiuk.

Involved fees earner: Jakub Baczuk – Hogan Lovells; Bartosz Clemenz – Hogan Lovells; Andrzej Debiec – Hogan Lovells; Mateusz Dereszynski – Hogan Lovells; Damian Gadomski – Hogan Lovells; Pawe? Gna? – Hogan Lovells; Marek Grodek – Hogan Lovells; Ewa Kacperek – Hogan Lovells; Ewa Kraszewska – Hogan Lovells; Zbigniew Marczyk – Hogan Lovells; Adam Nowosielski – Hogan Lovells; Marta Popis – Hogan Lovells; Michal Zajaczkowski – Hogan Lovells; Piotr Zawislak – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: ISOC Holdings, Inc. ;

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