Greenberg Traurig advised CA Immo on the acquisition of Warsaw Spire Building C

WARSAW – Oct. 12, 2018 – Lawyers from the Greenberg Traurig Warsaw office advised CA Immo in connection with the acquisition of Warsaw Spire Building C for ca. EUR 100 million.

The transaction was carried out as a share deal.

The Greenberg Traurig transaction team was led by Partner Radomił Charzyński, supported by Associates: Kamil Majewski, Michał Niećko, Samanta Wenda-Uszyńska, Karolina Woronko, Oliwia Hutnik, and Filip Widuch. Senior Associate Paweł Jaśkiewicz was responsible for all financing aspects of the transaction.

“This is another transaction, following our recent acquisition of Warsaw Spire Building B, in which Greenberg Traurig represented us. We highly appreciate this cooperation and the proactive and business–oriented approach of Greenberg Traurig, as well as its role in helping us to strengthen our presence in Warsaw, one of the most dynamic markets in CEE region,” said Ingo Steinwender, Group Head of Legal of CA Immo.

“We may proudly say that this prestigious transaction is proof of trust and satisfaction with our cooperation on both sides,” added Radomił Charzyński, Partner at the Warsaw office of Greenberg Traurig.

“Gaining the trust of such an important player as CA Immo, confirms the position of Greenberg Traurig as a leader on the real estate market in Poland," said Jolanta Nowakowska-Zimoch, Partner and Head of the Real Estate Group at the Warsaw office of Greenberg Traurig.

This transaction follows the acquisition of Warsaw Spire Building B in 2017, also by CA Immo, and the acquisition of 50% of Warsaw Spire Building A in May this year by Madison International Realty. a major investor in real estate across the U.S. and in Europe. Greenberg Traurig acted as a legal advisor in all of these transactions.

Warsaw Spire Building C is part of the Warsaw Spire complex. The complex consists of three buildings: the 220-meter tall main tower with a hyperboloid glass façade – Warsaw Spire A, and two 55-meter tall flanking buildings of identical size and shape – Warsaw Spire B (together with the futuristic Genesis restaurant building) and Warsaw Spire C (both now owned by CA Immo). The complex won the Best Office & Business Development category MIPIM 2017 Award in Cannes, France.

CA Immo is a real estate company with its headquarters in Vienna and branch offices in seven countries in Central Europe. Its core business involves leasing, managing, and developing high-quality office buildings. Founded in 1987, CA Immo controls property assets of ca. EUR 4 billion in Germany, Austria, and Eastern Europe.

Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp.k. was named the 2017 Law Firm of the Year in Poland by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of more than 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, and TMT.

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 counsel 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 400 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 more than 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.