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GT Advised KGAL Investment Management on its First Transaction in Poland – The Acquisition of Spark C

WARSAW - Oct. 19, 2018 - Lawyers from Greenberg Traurig's Warsaw office advised KGAL Investment Management in connection with the acquisition of Spark C, a 10-story office building located in Warsaw’s Wola district.

The Greenberg Traurig transaction team was led by Partner Radomił Charzyński and supported by associates Kamil Majewski and Karol Lewandowski. Partner Marek Kozaczuk, together with senior associates Wojciech Ostapowicz and Maciej Kacymirow, were responsible for the tax aspects of the transaction.

“At Greenberg Traurig we believe that our work should have a positive impact on the communities in which we operate. Therefore, we are proud to be a part of a transaction involving a project designed for the development of the entire neighborhood of Wola,” said Charzyński.

Spark will comprise a complex of A+ class office buildings (including a tower), designed to meet the needs of all users – employees, as well as local residents and people with disabilities. It was granted an “Object Without Barriers” certificate at the time of commission. Building C (Phase I) provides almost 12 000 sqm of modern office space to let and number of modern and innovative solutions.

"This transaction not only shows our commitment to Greenberg Traurig’s values, but is also indicative of the trust that our clients have in us – those with whom we have been working for many years, and those we are beginning our relationship with," said Jolanta Nowakowska-Zimoch, partner and head of the Real Estate Group in the firm's Warsaw office.

KGAL Investment Management is a regulated capital management company and a part of the KGAL Group, a leading independent investment and asset manager with an investment volume of EUR 22.7 billion. The Group, founded in 1968, operates across Europe and has its registered office in Grünwald near Munich, Germany. The acquisition of Spark C is the first transaction by KGAL Investment Management in Poland.