Sat, Feb
59 New Articles

Linklaters and Greenberg Traurig Advise on Sale of Warsaw’s Q22 Tower

Linklaters and Greenberg Traurig Advise on Sale of Warsaw’s Q22 Tower

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Linklaters has advised Echo Investment S.A. on its sale of the Q22 tower in Warsaw to the US-based Invesco Real Estate fund. Greenberg Traurig advised Invesco on the deal (which was valued at over PLN 1 billion net) and on its financing. 

The state-of-the-art 155-meter Q22 office tower in Warsaw, which opened in June 2016, is situated at the intersection of Aleja Jana Pawla II and ulica Grzybowska in the city's business district. It has an area of approximately 53,000 square meters and has a distinctive glass facade, inspired by the structure of quartz, and designed by Autorska Pracownia Architektury Kurylowicz & Associates. Current tenants include Deloitte, Allegro, and Citibank, among others.

According to Greenberg Traurig, "the acquisition of Q22 was the largest investment transaction for an office building in the real estate market in Poland in 2016 and one of the largest transactions in the CEE region."

The Linklaters team consisted of Counsel Rafal Zboch, Senior Associates Judyta Sawicka and Piotr Zawadzki, Associate Kacper Piorecki, and Junior Associate Mateusz Cieslak.

The Greenberg Traurig team was supervised by Partner Agnieszka Stankiewicz and was led by Senior Associate Karolina Kuzniak, supported by Associate Michal Niecko.

Image Source: echo.com.pl

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue