Develia Finalizes Sale of Arkady Wroclawskie for EUR 43 Million
Deal News | Jul 04, 2025 | CEE Legal Matters
Develia, a Poland-based real estate developer, has finalized the sale of the Arkady Wroclawskie complex in Wroclaw to Vastint Poland, a subsidiary of Vastint Group, for approximately EUR 42.967 million. This transaction marks the final stage of Develia's divestment from the retail and office segment. Legal advisory for Develia was provided by Dentons, while Legal Kraft advised Vastint. Arkady Wroclawskie, which was commissioned in 2007, includes office and retail elements and is currently undergoing demolition. The Dentons legal team for this deal included Partner Bartlomiej Kordeczka, Managing Counsel Martyna Racz-Suchocka, and Associate Karolina Kordulska-Tetkowska.
Sectors
- Real Estate
- Legal Services
Geography
- Poland – The transaction involves Polish companies and assets located in Wroclaw, Poland.
Industry
- Real Estate – The sale of Arkady Wroclawskie involves the real estate sector, as it encompasses a complex with office and retail components.
- Legal Services – Legal advisors such as Dentons and Legal Kraft were involved in facilitating the transaction, indicating involvement of the legal industry.
Financials
- EUR 42.967 million – Total sale price of the Arkady Wroclawskie complex.
- PLN 182 million – Equivalent in Polish Zloty of the sale price of Arkady Wroclawskie.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Develia | Selling Company | Company | A Poland-based real estate developer responsible for the sale of Arkady Wroclawskie. |
| Vastint Poland | Bidding Company | Company | A subsidiary of the international Vastint Group that acquired the Arkady Wroclawskie complex. |
| Dentons | Legal Advisor | Company | Provided legal advisory services to Develia for the transaction. |
| Legal Kraft | Legal Advisor | Company | Advised Vastint Poland on the acquisition. |
| Bartlomiej Kordeczka | Partner | Person | Partner at Dentons involved in advising Develia. |
| Martyna Racz-Suchocka | Managing Counsel | Person | Managing Counsel at Dentons involved in advising Develia. |
| Karolina Kordulska-Tetkowska | Associate | Person | Associate at Dentons involved in advising Develia. |