Dentons Warsaw Real Estate team advised BlackRock’s Real Estate division on the sale of the Rondo 1 office building in Warsaw, Poland to Deutsche Asset & Wealth Management’s real estate business.

Rondo 1 is an exceptional office complex developed in 2006 and consists of a 40-story glass tower and a 10-story associated building. Located right in the center of Warsaw, it offers its tenants top quality office space.

The Dentons team was led by partner Pawel Debowski. Senior associate Maciej Jodkowski ran the project from the transactional side.

Pawel Debowski, Co-Chairman of the Global Real Estate team for Europe, said: "We are pleased to have assisted BlackRock Real Estate on the sale of what is one of the most prestigious office towers in Poland and Central and Eastern Europe, as well as in the entire investment cycle of Rondo 1. Our team advised MGPA on the acquisition of this building from London & Regional in 2006/2007 and we were thrilled that BlackRock Real Estate selected us as legal counsel for this successful exit."