WARSAW – Sept. 13, 2019 – Attorneys from the Warsaw Office of Greenberg Traurig advised Credit Suisse Asset Management Global Real Estate on the acquisition of the Astoria Premium Offices located in Warsaw.
Greenberg Traurig provided comprehensive legal advice with respect to the transaction, including the development of the transaction structure, conducting due diligence of the asset, and negotiating the agreements with the seller, Strabag Real Estate. The team also advised on the financing of the acquisition.
Partner Agnieszka Stankiewicz provided strategic supervision and led a team of lawyers that included: Senior Associates: Gabriela Socha and Karolina Kuźniak, and Associates: Michał Niećko, Samanta Wenda-Uszyńska, Maja Gawrysiuk, Katarzyna Goljan and Iga Czerniak. Local Partner Magdalena Życzkowska-Jóźwiak with her team of Associates consisting of Jakub Gajzler, Maxymilian Rybczyński and Oliwia Hutnik, provided support during the due diligence process.
“The acquisition of Astoria is another project, after the recent acquisition of Ethos, in which we have supported Credit Suisse Asset Management Global Real Estate. We are proud to once again have had the chance to work as legal counsel on a transaction involving a prestigious asset that influences the architectural image of Warsaw,” said Agnieszka Stankiewicz.
“The opportunity to once again support Credit Suisse Asset Management Global Real Estate on a transaction concerning such a remarkable asset demonstrates the level of trust from our Clients, which we greatly appreciate,” added Jolanta Nowakowska-Zimoch, Partner and Head of the Real Estate Group at the Warsaw office of Greenberg Traurig.
ASTORIA Premium Offices offers more than 18,000 square meters of office space, 900 square meters of retail commercial space and underground parking for tenants. Its architecture directly invokes the surrounding historical buildings.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2100 attorneys serving clients from 41 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.