Mazovia Capital has sold the Warsaw, Poland-based Masovia Plaza office building to M7. No financial terms were disclosed. Greenberg Traurig‘s Warsaw office represented Mazovia Capital on the transaction.
WARSAW, POLAND (PRWEB) APRIL 08, 2019
The Warsaw office of Greenberg Traurig represented Mazovia Capital in the sale of the Mazovia Plaza office building to M7, a pan-European investor and asset manager.
The Greenberg Traurig team was led by Local Partner Justyna Szwech, who was supported by Senior Associate Zuzanna Bafia and Associate Agnieszka Stopińska. Partner Agata Jurek-Zbrojska provided strategic supervision over the transaction, which was one of several projects she has managed for this client.
The prestigious Mazovia Plaza office building, located in the historical district of Nowa Praga in Warsaw, offers over 5,000 sq. m of lease area. It was erected in the 1950s as part of the socialist realism building complex of the Praga II housing project, designed by Jerzy Gieysztor. Originally, the building was intended as a workers’ hostel, and for many years it functioned as the “Nova Praga” city hotel. In 2000, it underwent a thorough modernization and became the headquarters of Strabag. In May 2016, it was acquired by the Mazovia Capital fund, an investment company specializing in the purchase and management of real estate and implementation of new projects as a developer.
About Greenberg Traurig’s Real Estate Practice
Greenberg Traurig’s Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
Greenberg Traurig’s real estate team in Warsaw consists of more than 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 39 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 2019 Most Innovative Law Firm of the Year for Poland by International Financial Law Review (IFLR) and the 2017 Law Firm of the Year in Poland by Chambers and Partners. Greenberg Traurig was ranked as number one in the Mergermarket Global & Regional M&A Report 2018 with respect to the value of M&A transactions handled in Poland in 2018. The total value of the transactions on which Greenberg Traurig advised its clients amounted to USD 2.807 billion.
Greenberg Traurig in Poland provides legal services to the largest Polish and international companies and institutions in Central Europe and beyond. The Warsaw office has over 100 lawyers considered to be the leading lawyers in Poland. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers in the areas of Corporate/M&A, Capital Markets, Private Equity, project financing, competition law, court and arbitration proceedings, tax as well as such fields as: Real Estate, Energy, Banking and Finance, Insurance and TMT.
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