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Hogan Lovells and Dentons Manage Union Investment's Acquisition of Poznan Office Building from Skanska

Hogan Lovells and Dentons Manage Union Investment's Acquisition of Poznan Office Building from Skanska

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Hogan Lovells has advised Union Investment on its EUR 62 million acquisition of the Maraton office building in Poznan, Poland, from Skanska. Dentons advised Skanska on the deal.

According to Hogan Lovells, "this modern office building, with its flexible building layout, is on the way to receiving its LEED Gold certification. It offers the very best in architectural innovations and is built in the centre of Poznan in the immediate vicinity of the main business district, shopping malls, and cultural buildings. The building is situated near the crossroads of Krolowej Jadwigi Street and Maratonska Street, and has more than 25,000 square meters of GLA and 300 parking spaces to offer to its tenants."

Tenants at Maraton, which was commissioned for use in December 2016, include ROCKWOOL, Sii, APS, Bridgestone, Century Link, Duni European Finance Function, REHAU Business Services, and Naspers with OLX.

The Hogan Lovells Warsaw Real Estate Practice was assisted by its London Litigation Practice, which advised on English law insurance aspects of the transaction. The Hogan Lovells Warsaw team was supervised by Partner Jolanta Nowakowska-Zimoch and led by Legal Counsel Agata Jurek-Zbrojska. Senior Associate Malgorzata Madej-Balcerowska, Associate Karolina Olko, and Lawyer Marta Popis were also involved. The English law insurance aspects were dealt with by Partner Helen Chapman and Associate James Richardson.

The Dentons team was supervised by Partner Pawel Debowski, supported by Partner Bartłomiej Kordeczka and Senior Associate Martyna Racz-Suchocka.

Image Source: maraton.byskanska.com