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Dentons Advises Ghelamco on EUR 100 Million Sale of Warsaw Spire Building B

Dentons Advises Ghelamco on EUR 100 Million Sale of Warsaw Spire Building B

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Dentons advised Ghelamco Poland on the sale of Building B in the Warsaw Spire office complex to CA Immo. Greenberg Traurig reportedly advised the buyers on the transaction, which is valued in excess of EUR 100 million.

According to Dentons, "Warsaw Spire, developed by Ghelamco, is the largest office investment in Poland and has become the city’s new business center. It’s unique in that the complex comprises three office buildings with a common underground parking space. A new city square, Plac Europejski, was also created as part of the Warsaw Spire project. It’s a publicly accessible space with green surroundings, a cascade stream and fountains, restaurants and cafes, as well as Art Walk, a special art exhibition venue."

The 21,600 square meter Building B is occupied exclusively by European Union agency Frontex. 

Dentons’ legal team was led by Paweł Debowski, Chairman of the firm's Europe Real Estate group, along with Partner Bartlomiej Kordeczka and Senior Associate Ewelina Klein. 

Editor's Note: After this article was published, Greenberg Traurig confirmed that it had advised CA Immobilien on the deal. The firm's team was led by Partner Radomil Charzynski, supported by Senior Associates Olga Durawa and Paweł Jaskiewicz, and Associates Kamil Majewski, Michal Niecko, Karol Lewandowski, Filip Widuch, and Samanta Wenda-Uszynska. Local Partner Magdalena Zyczkowska-Jozwiak was responsible for the IP aspects of this transaction.