Addleshaw Goddard advises on Resi4Rent’s landmark PLN 2.437 billion portfolio transaction, marking a milestone for Poland’s PRS sector
Addleshaw Goddard (AG) has advised Resi4Rent, the largest subscription-based apartment rental provider in Poland, on the sale of 18 completed residential rental projects to Vantage Development, part of TAG Immobilien Group.
The transaction, valued at over PLN 2.437 billion, equivalent to approximately EUR 575 million, is the largest ever recorded in Poland’s institutional Private Rented Sector (PRS). The portfolio comprises 5,322 units across Warsaw, Kraków, Wrocław, Gdańsk, Łódź, and Poznań.
Following completion, Resi4Rent will continue to operate and expand its remaining portfolio, retaining almost 4,000 units including operating assets and projects under construction.
The AG transaction was led by Tomasz Trystuła (partner), Piotr Zbyszyński (managing associate) and Marta Strykowska-Sosnowska (managing associate). Janusz Dzianachowski (national managing partner, head of real estate practice) and Marcin Schulz (national managing partner, co-head of corporate practice) supervised the advisory.
The advisory team included: the real estate practice – Filip Witaszek (senior associate), Joanna Roman (associate), Agnieszka Myszor (associate), Barbara Smulska (junior associate), and Piotr Śnihur (junior associate); the competition practice – Małgorzata Szwaj (partner, head of competition), Wojciech Podlasin (counsel), Barbara Wanat (managing associate), and Mateusz Skóra (junior associate); the corporate practice – Justyna Tuleja (associate); the TMT/IP practice – Szymon Sieniewicz (counsel, head of TMT/IP), Daria Wojciechowska (senior associate), and Małgorzata Czubernat (associate); the employment practice – Monika Krzyszkowska (partner, head of employment), Łukasz Burakowski (managing associate), and Katarzyna Magnuska (senior associate); and the litigation, arbitration and investigations practice – Michalina Waniewska (associate). Katharina Feddersen (partner) and Dr. Natalia Kreuzer (counsel) from Addleshaw Goddard's German offices advised on the German aspects of the transaction.
