GESSEL advises Tower Investments S.A. on shifting its shares from NewConnect to the main floor of the Warsaw Stock Exchange and on a public offering

GESSEL provided legal support to Tower Investments S.A. as it moved its shares from the NewConnect alternative trading system to the regulated market of the Warsaw Stock Exchange and effectuated a PLN 22.5 million public offering.

Tower Investments provides real estate development services for commercial networks, obtaining properties, attending to administrative duties, and preparing them to a turnkey standard. Its client roster includes the Netto and Biedronka supermarket chains. Apart from that, Tower Investments is the owner of the Shopin brand under which it builds parks and shopping galleries.

The comprehensive package of legal services provided by GESSEL included a due diligence study and drafting of the transaction documentation, including the issue prospectus.

GESSEL worked on this project under the leadership of Krzysztof Marczuk, partner, supported by Magdalena Szeplik, advocate and Julia Trzmielewska, lawyer.