Greenberg Traurig has advised Nrep on the acquisition of a plot of land in the Bielany district of Warsaw and a development agreement with White Stone Development for the construction of a building. Baker McKenzie reportedly advised White Stone Development.
Nrep carried out the investment through the NSF V fund.
Nrep is part of Urban Partners, which Greenberg Traurig describes as a “platform of vision-aligned, differentiated, investment strategies shaped around urban problem solving. With EUR 21 billion under management, the platform invests in assets, companies, technologies, and solutions.” Moreover, the law firm reports that the building to be constructed will consist of "more than 480 rental units and approximately 400 square meters of commercial space."
The Greenberg Traurig team included Deputy Managing Partner Radomil Charzynski, Counsel Adam Narloch, Senior Associate Filip Widuch, Associates Paulina Walczewska, Bruno Jasic, and Maciej Smaczynski, and Paralegal Igor Jedrys.