Greenberg Traurig Warsaw has advised Akron Investment Central Eastern Europe II and Heitman on the sale of 100% of the shares in the Warsaw Trade Tower office building to Globalworth Poland Real Estate.
The Warsaw Trade Tower building is a 38-story office building located in the Wola district of Warsaw. It provides 45,400 square meters gross lease area.
Akron Investment Central Eastern Europe II is a fund belonging to the Akron Group, an Austrian group investing in office, commercial, and logistics properties.
The GT team was led by Partner Agata Jurek-Zbrojska, supported by Local Partners Dominik Rafalko and Malgorzata Madej-Balcerowska, Senior Associates Zuzanna Bafia, Pawel Jaskiewicz, and Kamil Majewski, and Associate Jakub Gajzler.
GT did not reply to our inquiries about the deal.
Editor’s Note: After this article was published, Dentons informed CEE Legal Matters that the firm advised Globalworth Poland Real Estate on the deal, and that the value of the transaction was EUR 133 million.
Dentons’ team consisted of Partners Pawel Debowski and Maciej Ryniewicz, Senior Associate Magdalena Osobka-Morawska, and Associates Marta Jonczyk and Magdalena Witka.