REICO Long Lease Acquires LPP Distribution Center with CMS and Greenberg Traurig's Guidance
Deal News | Jun 25, 2025 | CEE Legal Matters
REICO Long Lease, a fund managed by REICO IS EAM which is part of the Ceska Sporitelna banking group within Erste Group, has acquired the LPP Distribution Center in Bydgoszcz. CMS, a large international law firm, represented REICO Long Lease in the transaction. Greenberg Traurig, another prominent law firm, advised the anonymous sellers. The facility, which was completed in 2022, covers a vast area of 103,864 square meters, and is currently leased to an international fashion retailer. Both CMS and Greenberg Traurig fielded strong legal teams to advise on this transaction, comprising a mix of partners, counsels, senior associates, and associates, ensuring a comprehensive legal oversight.
Sectors
- Real Estate
- Legal Services
- Investment Management
Geography
- Poland – The logistics facility involved in the transaction is located in Bydgoszcz, Poland.
- Czech Republic – REICO IS EAM, managing the purchasing fund, is part of Ceska Sporitelna, a Czech banking group.
Industry
- Real Estate – The acquisition involves the sale and purchase of a logistics facility, a core component of the real estate sector.
- Legal Services – Both CMS and Greenberg Traurig provided legal advisory services for the transaction, highlighting the involvement of the legal industry.
- Investment Management – The transaction involves REICO Long Lease Fund, emphasizing the role of investment management within the private equity sector.
Financials
- 103,864 square meters – Rental space of the LPP Distribution Center.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| REICO Long Lease | Buyer | Company | A fund managed by REICO IS EAM, part of Ceska Sporitelna banking group within Erste Group. |
| Unidentified Sellers | Vendor | Company | The anonymous parties selling the LPP Distribution Center. |
| CMS | Legal Advisor to Buyer | Company | An international law firm advising REICO Long Lease. |
| Greenberg Traurig | Legal Advisor to Seller | Company | A significant international law firm advising the vendors. |
| LPP Distribution Center | Target | Company | A logistics facility in Bydgoszcz leased to an international fashion retailer. |