GT Advised KGAL Investment Management on its First Transaction in Poland – The Acquisition of Spark C

WARSAW - Oct. 19, 2018 - Lawyers from Greenberg Traurig's Warsaw office advised KGAL Investment Management in connection with the acquisition of Spark C, a 10-story office building located in Warsaw’s Wola district.

The Greenberg Traurig transaction team was led by Partner Radomił Charzyński and supported by associates Kamil Majewski and Karol Lewandowski. Partner Marek Kozaczuk, together with senior associates Wojciech Ostapowicz and Maciej Kacymirow, were responsible for the tax aspects of the transaction.

“At Greenberg Traurig we believe that our work should have a positive impact on the communities in which we operate. Therefore, we are proud to be a part of a transaction involving a project designed for the development of the entire neighborhood of Wola,” said Charzyński.

Spark will comprise a complex of A+ class office buildings (including a tower), designed to meet the needs of all users – employees, as well as local residents and people with disabilities. It was granted an “Object Without Barriers” certificate at the time of commission. Building C (Phase I) provides almost 12 000 sqm of modern office space to let and number of modern and innovative solutions.

"This transaction not only shows our commitment to Greenberg Traurig’s values, but is also indicative of the trust that our clients have in us – those with whom we have been working for many years, and those we are beginning our relationship with," said Jolanta Nowakowska-Zimoch, partner and head of the Real Estate Group in the firm's Warsaw office.

KGAL Investment Management is a regulated capital management company and a part of the KGAL Group, a leading independent investment and asset manager with an investment volume of EUR 22.7 billion. The Group, founded in 1968, operates across Europe and has its registered office in Grünwald near Munich, Germany. The acquisition of Spark C is the first transaction by KGAL Investment Management in Poland.

About Greenberg Traurig, LLP

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp.k. was named 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 more than 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

The Greenberg Traurig 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 counsel 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 more than 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, Latin America and Asia. 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 attorneys who cover a broad spectrum of core real estate and additional practices. The team offers clients legal experience and service in Poland and within Central Europe. For additional information, please visit www.gtlaw.com