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Global City Holdings sells Nova Królikarnia project to Ronson Europe

April 2018

Client(s) Global City Holdings N.V.

Jones Day advised Global City Holdings B.V. ("GCH") in the sale of shares project companies owning properties constituting the Nova Królikarnia project in Warsaw and the loans granted by Global City Holdings B.V. to those project companies. Ronson Europe (Listed WSE) and GCH will conclude another agreement, under which the Issuer will be granted with three call options on the shares in the eight other project companies holding the remaining stages of the Nova Królikarnia project to be executed within the next two years.

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