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CMS and Gide Advise on Amundi's Acquisition of Nowogrodzka Square in Warsaw

CMS and Gide Advise on Amundi's Acquisition of Nowogrodzka Square in Warsaw

Poland
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CMS has advised Amundi Real Estate on its acquisition of Nowogrodzka Square, a Class A office and retail building in Warsaw, from Polish property developer Yareal. Gide Loyrette Nouel advised Yareal.

With a surface area of 11,529 square meters over six floors, the building, which also includes terraces and an underground carpark with 147 spaces, is leased to ten tenants.

“The acquisition of this recent, secure, and well-located asset in Warsaw is our debut transaction in the Polish commercial property market.This award-winning building complements our portfolio and illustrates our capacity for international diversification," said Jean-Marc Coly, Chief Executive Officer of Amundi Real Estate.

The CMS team included Partners Anna Brzoza-Ostrowska and Lukasz Dynysiuk, Lawyer Justyna Bartnik, Senior Associate Katarzyna Szostak, Associate Rafal Dostatni, and Counsel Mateusz Wosiek.

Gide Loyrette Nouel’s team was headed by Counsel Blazej Czwarnok and included Associates Rafal Osetek, Agnieszka Biernacka, and Aleksandra Kobylinska.

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.