WARSAW – April 4, 2019 – The Warsaw office of Greenberg Traurig represented Akron Investment Central Eastern Europe II and Heitman, acting as the asset manager, in the sale of the Warsaw Trade Tower office building to Globalworth Poland Real Estate.
The transaction was carried out through the sale of 100% of the shares in the company holding the legal title to the Warsaw Trade Tower building, located at ul. Chłodna 51 in Warsaw’s Wola district.
“This is yet another successful sale of a property on the capital’s real estate market for us this year. Its unique nature is highlighted by the fact that Warsaw Trade Tower is one of only a few key and prestigious properties in the very heart of Warsaw. We are proud that our Clients demonstrate confidence in our Team by trusting us with demanding transactions. This is the best recognition for our professionalism and commitment to work for clients”, said Jolanta Nowakowska-Zimoch, partner and head of the Real Estate Group at the Warsaw office of Greenberg Traurig.
The Greenberg Traurig team was led by Partner Agata Jurek-Zbrojska, who was supported by Local Partner Dominik Rafałko and Associate Jakub Gajzler. Advice was also provided at different stages of the project by Local Partner Małgorzata Madej-Balcerowska and Senior Associates: Zuzanna Bafia, Paweł Jaśkiewicz and Kamil Majewski.
The Warsaw Trade Tower building is a 38-story office building located in the Wola district of Warsaw and is one of the tallest skyscrapers in the capital. It provides 45 400 m2 GLA, and has attractive common areas, which have largely been modernized. The property is home to leading commercial tenants, including corporations and large international companies.
Akron Investment Central Eastern Europe II is a fund belonging to the Akron Group, an Austrian group investing in office, commercial and logistics properties.