Addleshaw Goddard has advised Develia, one of Poland’s largest developers, on the closing of its acquisition of 100% of the shares in Bouygues Immobilier Polska, the Polish branch of Bouygues Immobilier, a full service property developer in France, for EUR 65.9 million. 

With this acquisition, Develia has increased the number of residential units under development and enhanced its land bank growth potential in Warsaw, Poznań, and Wrocław.

Since 2001, Bouygues Immobilier Polska has been active in Poland, where it has completed over 9,500 residential units and commercial premises across 70 projects.

This is another acquisition by Develia in the residential real estate market over the past two years, following the purchase of the Polish companies of Nexity, in which we also had the pleasure of advising Develia.

The transaction was led by Tomasz Trystuła (counsel), supported by Marta Strykowska (managing associate) from the real estate practice. 

The transaction was led by Tomasz Trystuła (counsel), supported by Marta Strykowska (managing associate) from the real estate practice. 

The wider team included: the real estate practice – Zuzanna Lipska (managing associate), Filip Witaszek (senior associate), Aleksandra Mielniczuk (associate), Agnieszka Myszor (associate), Aleksandra Stanulewicz (associate), Magdalena Mirek (junior associate), Barbara Smulska (junior associate), and Piotr Śnihur (junior associate); the antitrust and foreign investment practice – Wojciech Podlasin (counsel) and Barbara Wanat (managing associate), the corporate/M&A practice – Piotr Zbyszyński (managing associate), Michał Wołangiewicz (senior associate), and Jakub Gerula (associate); the TMT/IP practice – Szymon Sieniewicz (counsel, head of the TMT/IP practice), Daria Wojciechowska (senior associate), Aleksandra Czubek (associate), and Małgorzata Czubernat (associate); the employment practice – Łukasz Burakowski (managing associate) and Urszula Furgał (junior associate).