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Dentons Advises BlackRock on Real Estate Sale

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The Dentons Real Estate team in Poland has advised BlackRock’s Real Estate division on the sale of the Rondo 1 office building in Warsaw to Deutsche Asset & Wealth Management’s real estate business.

The Rondo 1 office complex was developed in 2006 and consists of a 40-story glass tower and an associated 10-story building located in the center of Warsaw. 

The Dentons team was led by Partner Pawel Debowski and Senior Associate Maciej Jodkowski. Debowski, Co-Chairman of the Global Real Estate team for Europe, said: "We are pleased to have assisted BlackRock Real Estate on the sale of what is one of the most prestigious office towers in Poland and Central and Eastern Europe, as well as in the entire investment cycle of Rondo 1. Our team advised MGPA on the acquisition of this building from London & Regional in 2006/2007 and we were thrilled that BlackRock Real Estate selected us as legal counsel for this successful exit."