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Greenberg Traurig advising HB Reavis in EUR 186 million sale of Gdański Business Center – 2 Warsaw office buildings

NEW YORK – Sept. 15, 2016 – Greenberg Traurig’s Warsaw office is advising HB Reavis Group in the sale of two A class office buildings located in Śródmieście, the city center, at 4 and 4A Inflancka St. The value of the transaction will amount to EUR 186 million.

Greenberg Traurig is providing HB Reavis Group with comprehensive legal advice with respect to the Transaction and the negotiation of all transaction documents. The transaction is led by Partner Radomił Charzyński who was supported by Senior Associate Olga Durawa and Associate Filip Widuch.

Gdański Business Center is a complex of four modern A class office buildings located in Śródmieście, the central district of Warsaw. Buildings A and B, which are the subject of the transaction, have a combined 46,000 m2 of modern office space for rent with an additional area for restaurants, shops and services on the ground floor. Together with the two additional C and D buildings, which are still under construction, the entire complex will total 100,000 m2. Gdański Business Center offers a unique combination of high quality buildings, an innovative mixed environment and a well-connected location.

HB Reavis is a fully integrated property developer applying a unique and highly successful approach to the complete development chain, from identifying investment opportunities through to the design, construction and management of the resulting standing asset. The strong position of the Group was confirmed in the annual rating carried out by Property EU, which placed HB Reavis among the Top 10 developers across Europe.

About Greenberg Traurig's Real Estate Practice

The Greenberg Traurig 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 more than 300 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 Grzesiak sp.k.

Greenberg Traurig Grzesiak sp.k. was named the 2016 Law Firm of the Year in Poland - Client Service Award by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of 85 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 and TMT.

About Greenberg Traurig, LLP

Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100. Web: Twitter: @GT_Law.