Dentons' Real Estate team in Warsaw has advised Cromwell Property Group on the sale of the Warsaw Corporate Center office building to Raiffeisen Immobilien Kapitalanlage-Gesellschaft.

Developed in 1997, the Warsaw Corporate Center is a prominent, nine-storey office building offering over 8,600 sq.m. of leasable space. It is conveniently located in Warsaw major communication hub, in the immediate vicinity of Warsaw Central Railway Station and Centrum metro station.

In two years after the acquisition, Cromwell significantly refurbished the building and raised its occupancy rate. Current tenants include Danske Bank and mBank.

The transaction was led by counsel Piotr Staniszewski with the support of associate Joanna Poplawska.