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.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2750 attorneys serving clients from 47 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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