NE Property B.V. entered into a binding agreement to acquire Atrium Copernicus sp. z o. o. from G City Europe Limited for Ç127 million on November 15, 2022. The acquisition is to be funded by existing cash resources.

The Deal is subject to clearance from PolandÆs competition authorities. The transaction value is subject to several adjustments agreed upon by the parties. The proceeds of the sale are 3.3% lower than the carrying value of the property in the G City Europe Limited books as at June 30, 2022.

Linklaters C. Wisniewski i Wspolnicy Spolka Komandytowa acted as due diligence provider to NE Property B.V. in this transaction. The team was led by Janusz Dzianachowski.