Dentons has advised the CPI Property Group on its acquisition of a 50.3% share in the ownership of the Chalubinskiego 8 office building in Warsaw from First Property Group. Wozniak Legal advised the sellers on the deal.
The Chalubinskiego 8 office building, also known as Oxford Tower, is located in downtown Warsaw. The building offers a total of 46,000 square meters of office space on 47 floors.
According to Dentons, the transaction is “part of the company’s plan to expand on the Warsaw office property market." According to the firm, "following the acquisition of the share in [the] Chalubinskiego 8 office building, CPI’s property portfolio in Warsaw totals 305,500 square meters of office space."
Dentons’ team included Partner Piotr Szafarz, Senior Associate Olga Ziegler, and Associates Joanna Poplawska and Katarzyna Lawinska.
Wozniak Legal's team included Partner Piotr Drzazga and Associate Maciej Kiraga.