WARSAW - November 2, 2020 - Greenberg Traurig advised CA Immobilien Anlagen AG (CA Immo), specialist in office properties in Central European capitals, on the acquisition of all shares in P14 Sp. z o.o., the owner of the Postępu 14 office building located in the Mokotów area of Warsaw.
Postępu 14 is one of the most state-of-the-art office buildings in the district of Mokotów, offering 34,500 sqm of leasable space. The development stands out for its green solutions, including clean energy from wind turbines, cycling infrastructure, an electric vehicle charging station, energy-saving lifts and lighting as well as the use of rainwater to water plants and cool the AC systems.
The Greenberg Traurig team was led by Partner Radomił Charzyński who was supported by Senior Associate Olga Durawa at the first stage of the transaction and co-led by Associates: Filip Widuch and Karolina Woronko-Kawa, supported by Associate Alicja Flis and Karolina Woźniak, at the second stage. Senior Associate Karolina Olko negotiated the title insurance policy for the transaction, and was responsible for managing the due diligence team, which included Senior Associate Adam Narloch and Associates: Marcin Gralewski, Michał Niećko, Marta Trębacka, Tomasz Denko and Jakub Gajzler. Senior Associates Paweł Jaśkiewicz and Magdalena Bachleda-Księdzularz and Associate Katarzyna Goljan advised on the financing aspects of the transaction and were supervised by Partner Aleksander Janiszewski.
“It is yet another transaction, following the acquisition of Spire B and Spire C buildings in the Warsaw Spire office complex, which allows us to strengthen our cooperation with this strategic Client. Moreover, we advise CA Immo on certain issues in relation to the ongoing management of the Warsaw Spire complex. We are also looking forward to working together on further acquisitions on the Warsaw market, contemplated by the Client,” said Partner Radomił Charzyński.
CA Immo is an investor, manager, and developer specialised in modern office properties across the gateway cities in Germany, Austria, and Central Europe. The company covers the entire value chain in the field of commercial real estate including a high degree of in-house construction expertise. Founded in 1987, CA Immo is listed on the ATX index of the Vienna Stock Exchange and holds property assets worth around € 5.2 bn in Germany, Austria, and CEE.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2200 attorneys serving clients from 40 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 2019 and 2018 Most Innovative Law Firm of the Year Award for Poland by International Financial Law Review (IFLR) and 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 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 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 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 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 additional information, please visit www.gtlaw.com.