21
Wed, Oct
68 New Articles

Greenberg Traurig Advises Madison International Realty on Acquisition of Warsaw's Chmielna 89 Office Building

Greenberg Traurig Advises Madison International Realty on Acquisition of Warsaw's Chmielna 89 Office Building

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Greenberg Traurig has advised Madison International Realty on its acquisition of an unspecified stake in Cavatina Office sp. z o.o., the owner of the Chmielna 89 office building in Warsaw, from Cavatina Holding S.A., as well as on its entry into a joint venture agreement with Cavatina Holding S.A. and the refinancing of the existing bank debt of Cavatina Office sp. z o.o. Dentons reportedly advised Cavatina Holding S.A. on the deal.

Chmielna 89, which is leased almost entirely to PKO BP, is an office building with a shape resembling a crystal that is located in the business center of Warsaw. The 14-story office building, which offers over 25 thousand square meters of work space, received BREEAM certification at the Excellent level and several awards, including the European Property Award (2018) and the International Property Award (2019).

Greenberg Traurig's team was led Senior Associate Kamil Majewski and included Associates Karolina Woronko-Kawa, Michal Niecko, and Filip Widuch. The team advising on financing aspects of the transaction was led by Partner Aleksander Janiszewski and included Senior Associates Pawel Jaskiewicz and Paulina Kimla-Kaczorowska and Associates Iga Czerniak and Katarzyna Goljan. Senior Associate Karolina Olko was responsible for W&I insurance negotiations, and The diligence team included Senior Associate Adam Narloch and Associates Alicja Flis, Maxymilian Rybczynski, Tomasz Denko, Angelika Makar, and Marta Kownacka. Partner Radomil Charzynski supervised all work on the transaction.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

Firm's website: https://penteris.com

Our Latest Issue