WARSAW – 6 March 2023 – Greenberg Traurig advised Invesco Real Estate, the landlord, on the signing of a lease agreement for retail space in the Plac Unii office and retail complex in Warsaw with Carrefour Polska.
Carrefour’s store, with an area of 3000 sqm, will replace Supersam, which operated in the Plac Unii complex until the end of 2022.
Negotiations on behalf of Invesco Real Estate were led by Magdalena Życzkowska-Jóźwiak, Local Partner, who was supported by Senior Associate Karolina Kuźniak.
“Congratulations to Invesco Real Estate on the completion of this transaction, which is unique due to the fact that the tenant is a renowned food operator and its specific requirements had to be considered in the negotiating process. In order to ensure continuity of the food operator’s lease, negotiations had to be conducted extremely efficiently. Our knowledge of market practices in such type of lease and our previous experience in negotiating agreements with Carrefour’s clients certainly helped to close this transaction in such a short timeframe. We are happy to once again have assisted our Client in negotiations with its key tenant and we are looking forward to working together on future projects,” said Magdalena Życzkowska-Jóźwiak.
Plac Unii is a modern mixed-use building, which stands out on the map of Warsaw with its interesting architecture and is appreciated for the high quality of its office, service and retail space. The complex, consisting of three buildings separated by a glass roof (two 6-story buildings and a 21-story tower), offers a total of 46,000 sqm of leasable office space and 800 parking spaces. Due to the modular construction of individual floors, Plac Unii provides functional and flexible A+ class office space.
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.
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