WARSAW – 11 June 2024 – Greenberg Traurig represented Eastnine AB, a Swedish real estate company, in the acquisition of the Nowy Rynek E office and service building in Poznań from Skanska.
The value of the transaction is approx. EUR 79 million. Nowy Rynek E (or Nowy Rynek Building G-H) has a gross leasable area of 28,800 sqm.
The Nowy Rynek complex is a multiphase project located in the heart of Poznań which combines buildings with office, retail and residential functionalities in one of the largest urban projects in the recent history of Poznań.
Greenberg Traurig also previously advised Eastnine AB on the acquisition of Nowy Rynek D office buildings from Skanska.
The Greenberg Traurig team was led by Counsel Olga Durawa, who was supported by Associates Paulina Walczewska and Maciej Smaczyński. Senior Associate Iga Czerniak and Associate Natalia Skomorowska were responsible for the financing aspects of the transaction.
Deputy Managing Partner Radomił Charzyński provided strategic advice and supervised all work on the transaction.
“Congratulations to Eastnine on the completion of this transaction, which is impressive considering its complex nature and dynamic structure. We are happy to have assisted our Client in yet another asset acquisition in Poznań and hope that this is a sign of the office market’s revival,” said Radomił Charzyński, Deputy Managing Partner in the Warsaw office of Greenberg Traurig.
“This acquisition not only strengthens our client's position in the Poznań real estate market but also demonstrates their confidence in our legal expertise. We are delighted to have advised Eastnine on the intricacies of this deal,” said Olga Durawa, Counsel in the real estate practice.
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.