Wolf Theiss has advised AEW on the sale of the Atrium Tower office building in downtown Warsaw to the Vienna Insurance Group.
Atrium Tower, completed in 1998, is part of the Atrium complex in Warsaw’s financial district, one of the first Western-standard office developments in the Polish capital. Atrium was the first PPP project between the City of Warsaw and a private investor, with Skanska acting as both the investor and the general contractor, and, according to Wolf Theiss, it "played a key role in the transformation of the Polish capital’s working-class Wola borough into an office district during Poland’s post-communist economic transformation."
“I’m proud that our firm could play a role in the sale of this building, which contributed so much to Warsaw’s emergence as a business and financial hub during the past two decades,” said Tomasz Stasiak, the Wolf Theiss Partner who led the real estate team working on the deal. “This deal shows that, thanks to its central location, elegant design and quality workmanship, Atrium Tower remains attractive to tenants and Investors two decades after its completion.”
In addition to Stasiak, the Wolf Theiss team included Lawyers Iwona Huryn and Ewa Parczewska.
Wolf Theiss did not reply to our inquiries.
Editor's Note: After this article was published, CEE Legal Matters learned that Schoenherr had advised the Vienna Insurance Group on the deal. Information on the firm's team can be found here.