WARSAW – 26 November 2024– Greenberg Traurig advised Eastnine AB, a Swedish real estate company, on the acquisition of the Warsaw Unit office building located in the Wola district of Warsaw from Ghelamco.
The transaction value is EUR 280 million, which makes it the largest office transaction in Europe in 2024.
Warsaw Unit offers over 59,800 sqm of efficient office space over 46 floors. It is the first facility in Poland certified with WELL v2, on Platinum level as well as BREEAM certificate at the Outstanding level. It is fully adapted to work in a post-pandemic reality and is among the safest buildings in the world.
The Greenberg Traurig transactional team was led by Counsel Olga Durawa, who was supported by Associate Paulina Walczewska, Associate Maciej Smaczyński as well as Igor Jędrys. Counsel Justyna Jamroży, Associate Natalia Skomorowska and Junior Associate Weronika Kopeć were responsible for the financing aspects of the transaction. The corporate team included Local Partner Filip Kijowski, Senior Associate Tomasz Denko and Associate Patrycja Wakuluk.
Deputy Managing Partner Radomił Charzyński supervised all work on the transaction.
"We are thrilled to have guided Eastnine through this landmark transaction, which underscores the magnitude of their investment in Warsaw's thriving real estate market. The Warsaw Unit is not only a testament to modern architecture but also stands out for its prime location in the dynamic Wola business district. Additionally, its pioneering green certifications highlight our Client's commitment to sustainability and cutting-edge technology in building design. This acquisition solidifies their presence in one of the most attractive and innovative areas of the city,” said Radomił Charzyński, Deputy Managing Partner of the Warsaw office of Greenberg Traurig.
Eastnine is a Swedish real estate company focused on modern and sustainable office and logistics properties in the Baltics. Eastnine is listed on Nasdaq Stockholm Mid Cap, Real Estate.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with more than 2750 attorneys serving clients from 48 offices in the United States, Latin America, Europe, Asia, and the Middle East.
GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution, TMT and Competition/Antitrust.
About Greenberg Traurig's Real Estate Practice
Greenberg Traurig's Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of 700 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
Greenberg Traurig's real estate team in Warsaw consists of 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.
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