29 Oct 2025

"Simmons & Simmons Advises Slate Asset Management on Major €300 Million Joint Venture with Ares for Polish Retail Parks"

"International law firm Simmons & Simmons has advised Slate Asset Management on a strategic joint venture with Ares Real Estate funds to acquire a portfolio of Polish retail parks valued at over €300 million from Trei Real Estate. This marks the largest retail park transaction in Poland and Slate's first investment in the country. The joint venture will acquire 36 fully occupied retail parks in major Polish cities, anchored by essential retailers. The deal is expected to close by December 31, 2025, pending regulatory approvals."

International law firm Simmons & Simmons advised Slate Asset Management on the formation of a strategic joint venture with Ares Real Estate funds, affiliates of Ares Management Corporation. The joint venture will acquire a portfolio of Polish retail parks valued at over €300 million from Trei Real Estate, marking the largest retail park transaction in Poland to date. This acquisition includes 36 recently developed and fully occupied convenience-led retail parks across major Polish metropolitan areas, anchored by leading regional retailers and essential goods providers. The deal is expected to close by 31 December 2025, subject to customary and regulatory approvals. The Simmons team was led by Oliver s’Jacob, the firm's Private Equity Real Estate head and partner in London, supported by Tom Hutchinson and Jenny Diakabana in London, and Thibaud Herberigs, Thierry Somma, and Raphael Bonhomme in Luxembourg.
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