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Wardyński & Partners has advised MVGM on the acquisition of property management business of Jones Lang LaSalle (JLL).

The transaction lead to creating a top 5 European player (no. 1 in the Netherlands and top tier in Germany) in the evolving property management market and involved a total of 10 jurisdictions: the Netherlands, Germany, Spain, Portugal, Belgium, Luxembourg, Poland, Czech Republic, Romania and Slovakia.

Wardyński & Partners teamed-up with BarentsKrans, who acted as a lead legal advisor to MVGM on this project.

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000.

MVGM is an authority in real estate, and the largest property manager in the Netherlands, also present in Germany. MVGM works for national and international investors, banks and financiers, housing associations, entrepreneurs, insurance companies, governments and government agencies.