Kinstellar and Clifford Chance Advise P3 on Acquisition of Logistics Parks in Slovakia

"Kinstellar advised P3 on the acquisition of a portfolio of five logistics and light-industrial parks in Slovakia from Stoneweg Europe Stapled Trust, which is exiting the Slovak market as part of a broader European portfolio rebalancing. Clifford Chance advised Stoneweg. The assets total over 90,000 sqm across Nove Mesto nad Vahom, Zilina and Kosice regions."

Kinstellar advised P3 on its acquisition of a Slovak portfolio of logistics parks, while Clifford Chance acted for seller Stoneweg Europe Stapled Trust. The transaction involves P3, a pan-European logistics property investor and developer, acquiring from Stoneweg Europe Stapled Trust — a Singapore-listed real estate investment trust — a portfolio located across multiple sites in Slovakia. According to Kinstellar, Stoneweg is exiting the Slovak market as part of a broader portfolio rebalancing strategy in Europe and this disposal forms part of its strategic divestment from selected CEE assets. According to Clifford Chance, the portfolio comprises five logistics and light-industrial properties located in the Nove Mesto nad Vahom, Zilina and Kosice regions, offering in excess of 90,000 square metres of rentable space. Kinstellar represented client(s) P3 with a team composed by: Partner Tomas Melisek, Managing Associate Dasa Labasova, Senior Associates Livia Miklencicova and Erik Neupaver, and Associates Laura Bugajova and Martin Danco. Clifford Chance represented client(s) Stoneweg Europe Stapled Trust with a team composed by: Partner Emil Holub, Senior Associate Stanislav Holec, Associate Ondrej Dolensky, and Junior Lawyer David Herich.

Kinstellar and Clifford Chance Advise P3 on Acquisition of Logistics Parks in Slovakia

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