Dentons Warsaw has advised construction and property group Skanska on the EUR 52 million sale of the Nowa Fabryczna office building in Lodz, Poland to fund manager Niam. The buyer was assisted by Linklaters.
Nowa Fabryczna is the developer’s second office project in the city, and the seventh Skanska property Niam has acquired in the Polish regional markets since 2015.
The seven-storey Nowa Fabryczna office building, which opened in October 2017, offers over 21,500 square meters of gross leasable area and 210 parking spaces. Dentons reports that it is expected to receive LEED Gold certification and to be certified as a “Building without Barriers” for its accessible design and inclusiveness for people with disabilities.
The Dentons team was led by Partner Bartlomiej Kordeczka and included Senior Associate Martyna Racz-Suchocka.
Editor's Note: After this article was published Dentons announced that the deal also involved the sale of the High5ive complex in Krakow (two buildings) and the Green2Day building in Wroclaw.
The two buildings of the High5ive office complex are located in downtown Krakow and offer 23,400 square meters of leasable space leased to tenants such as ABB, Ocado Technology, Business Link, KPMG, Symphony, and Business Link. The project will ultimately consist of five office buildings with a total gross leasable area of about 70,000 square meters.
Green2Day office building in Wroclaw offers over 18,000 square meters gross leasable area to tenants such as Ultimo, Tieto, and KPMG.
In addition to the lawyers identified in the original article, the Dentons' team also included Senior Associates Arkadiusz Debski, Ewelina Klein, Kamila Urbanska, and Hanna Zarska, and Associates Maja Cywinska and Jacek Korcz.
The Linklaters team advising Niam was led by Partner Artur Kulawski, supported by Managing Associate Adriana Andrzejewska and Senior Associate Monika Lerka. The team also included Of Counsel Mikolaj Bieniasz, Managing Associate Marta Domino and Agnieszka Mencel, Associates Piotr Borzynski, Mateusz Cieslak, Maciej Checinski, Magdalena Szewczyk, Michal Nocon, and Szymon Sieniewicz, and Tax Assistant Jan Jurga.