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Greenberg Traurig represented Vantage Development in the sale of the Delta 44 office-retail building in Wroclaw

WARSAW – April 9, 2019 –Lawyers from the Greenberg Traurig Warsaw office advised VD Invest, a subsidiary of Vantage Development, on finalizing the sales agreement regarding the Delta 44 office-retail building located in Wroclaw to M7, a pan-European investor and asset manager.

The Greenberg Traurig transaction team was led by Local Partner Justyna Szwech who was supported by Senior Associate Zuzanna Bafia and Associate Wiktor Wacławski. Partner Agata Jurek-Zbrojska provided strategic supervision over the project. The team also supported the Client when it concluded the preliminary sales agreement for this property in October 2018.

Vantage Development is a Polish development company, operating mainly in Wroclaw and Warsaw. Vantage Development is a member of the Polish Association of Development Companies (“Polski Związek Firm Deweloperskich”).

Delta 44 is an office-retail building located in the heart of Wroclaw, offering 3,700 sq. m of modern office, retail and service premises. In 2013, the Delta 44 complex was recognized by the jury of the "Beautiful Wroclaw" competition as the best architectural project and was awarded a distinction in the public building category.

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 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.

Greenberg Traurig LLP

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 39 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp.k. was named the 2019 Most Innovative Law Firm of the Year for Poland by International Financial Law Review (IFLR) and the 2017 Law Firm of the Year in Poland by Chambers and Partners. Greenberg Traurig was ranked as number one in the Mergermarket Global & Regional M&A Report 2018 with respect to the value of M&A transactions handled in Poland in 2018. The total value of the transactions on which Greenberg Traurig advised its clients amounted to USD 2.807 billion.

Greenberg Traurig in Poland provides legal services to the largest Polish and international companies and institutions in Central Europe and beyond. The Warsaw office has over 100 lawyers considered to be the leading lawyers in Poland. 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 in the areas of Corporate/M&A, Capital Markets, Private Equity, project financing, competition law, court and arbitration proceedings, tax as well as such fields as: Real Estate, Energy, Banking and Finance, Insurance and TMT.

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