Dentons has advised Valad Europe, a leading European multi-let real estate investment manager, on the acquisition of the Warsaw Corporate Center in Poland from German investment manager MEAG. Valad Europe acquired the property for its VCERP fund.
The Warsaw Corporate Center was developed in 1993 by the partners of Golub Raczkiewicz Epstein Venture and acquired by MEAG in 2007 from a group of private investors. Located in the CBD close to Warsaw Central Station and the Marriott Hotel, the WCC offers approx. 8,700 sq.m. of lettable office space across nine floors, with retail space on the ground floor.
The Dentons team was led by Partner Piotr Szafarz and supported by Counsel Piotr Staniszewski (both Real Estate), Senior Associate Piotr Nerwinski and Associate Magdalena Kalinska (both Banking and Finance).