Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
12 April 2019
Deals | Poland | Real Estate Transactions & Financing
Gide has advised Yareal on the sale of Buildings A and B in the LIXA office project.
The "forward sale" transaction was concluded with Commerz Real AG acting on behalf of South-Korean investor Hana Financial Investment. The transaction will be finalised once Yareal completes Buildings A and B.
Commercial advice to Yareal was provided by a team from CBRE led by Przemysław Łachmaniuk and Sean Doyle.
The LIXA office project is being developed in Warsaw's Wola District, in the area of Karolkowa and Kasprzaka streets. Buildings A and B, constituting the first stage of the project and being the subject of the transaction, will cover ca. 28,000 sq. m. of office area. Building A (ca. 22,000 sq.m. of office area) was leased to BNP Paribas Bank Polska in October 2016, for the purpose of its headquarters in Poland. Gide assisted Yareal in the negotiation of the lease contract as well.
Gide's team working on the transaction included counsel Błażej Czwarnok (advocate), associates Rafał Osetek (legal advisor), Aleksandra Kobylińska (advocate trainee) and Mateusz Rojek (advocate trainee).
