WARSAW – 13 March 2023 – Greenberg Traurig advised Cromwell Property Group Poland, on the sale of all shares in the company holding the office complex Wiśniowy Business Park in Warsaw to a Hungarian investor.
Wiśniowy Business Park is a modern office complex featuring BREEAM In-Use “Very Good” green certification, which offers over 40,000 sqm of lease area.
The Greenberg Traurig team was led by Senior Associate Karol Lewandowski, who was supported by Associate Alicja Kwiatkowska as well as Hanna Żaboklicka. Partner Maciej Jodkowski supervised all work on the transaction.
“Congratulations to Cromwell on the successful completion of this transaction. We are delighted to have assisted our Client on yet another deal on the Polish real estate market and we are looking forward to working together on future projects,” said Maciej Jodkowski, Partner in the Real Estate Practice.
Cromwell is an internally managed Australian Real Estate Investment Trust (A-REIT), listed on the Australian Stock Exchange, with securityholders in 22 countries. Cromwell’s global platform comprises 350+ staff across 20 offices in 15 countries across Australia, New Zealand and Europe. Globally, the Group has total Assets Under Management (AUM) of EUR 7.6 billion as at 31 December 2022.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2650 attorneys serving clients from 44 offices in the United States, Latin America, Europe, Asia, and the Middle East.
GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year award at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution, TMT and Antitrust/Competition.
About Greenberg Traurig's Real Estate Practice
Greenberg Traurig's Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of 700 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids. Greenberg Traurig's real estate team in Warsaw consists of 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.
For more information, please visit www.gtlaw.com.