Dentons advised Starwood Capital Group, a leading global private investment firm, on the acquisition of Building Five, a modern office building forming part of the Quattro Business Park located in Krakow, Poland. The asset is currently under construction.
Starwood Capital Group acquired Quattro Business Park in December 2014. (Dentons advised on this transaction). At that time, the complex comprised four 14-story buildings totaling circa 500,000 sq.m. of gross leasable area, developed between 2010 and 2014. The business park is virtually 100 percent occupied, and its tenants include a number of leading companies, such as Google, FedEx and Samsung.
The acquisition of Quattro Business Park was Starwood Capital Group’s first investment in this Polish regional city.
The Dentons team was led by Partner Maciej Ryniewicz and supported by Associate Magdalena Osóbka-Morawska.