GESSEL advised LGL, a company belonging to the owners of the Lode group, in their purchase of agricultural real property and of the company Altera, operator of the Sielanka hotel by the Pilica river.

The GESSEL lawyers assigned to this project devised the optimum transaction structure, conducted due diligence of the real estate and of Altera, attended to three full proceedings before the National Agriculture Support Centre (KOWR) seeking permission for purchase of agricultural land, drafted the transaction documentation, and supported the Clients in negotiations with the sellers.

Our legal team was led by Karol Sokół, partner, assisted by Jędrzej Besztak, associate. Iwona Gielo-Benza was responsible for the real estate aspect, and due diligence of the company and of the real estate assets was performed by the associates Iwona Gielo-BenzaKarolina Olszewska and Erazm Dutkiewicz under the supervision of Michał Boryczka, managing associate. Inarda Bielińska and Michał Bragiel attended to the tax aspects.

Hotel Sielanka nad Pilicą is located by Warka, some 50 km from Warsaw, and covers almost 100 hectares which house a four-star hotel and spa, an equestrian centre with full infrastructure, and football facilities complete with a full-sized, UEFA-accredited pitch. It provides a convenient base for exploring the broader Pilica Valley area.