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CMS Advises Allianz Real Estate on Sale of Warsaw Financial Center to CPI Property Group

CMS Advises Allianz Real Estate on Sale of Warsaw Financial Center to CPI Property Group

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CMS has advised Allianz Real Estate and Curzon Capital Partners III, L.P. on the sale of the Warsaw Financial Center in Warsaw’s financial district, to the Czech Republic's CPI Property Group.

Allianz Real Estate bought the Warsaw Financial Center office tower — a 36-story office tower that is LEED 'Gold' certified and 99% occupied — in 2020 from CA Immo and Pramerica.

Curzon Capital Partners III is managed by Tristan Capital Partners, a London-based real estate investment management boutique.

CMS's team was led by Partner Lidia Dziurzynska, supported by Counsels Michal Bork and Andrzej Zajac, Associate Aleksander Grabecki and Lawyer Zofia Nejthardt.

The transaction was led for Allianz Real Estate by Isabel Haupt, Deputy Head of Legal, and Birgit Engel, Senior Legal Counsel.

CMS did not reply to our inquiry on the matter.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.