International law firm Salans has provided legal advice to German fund manager RREEF in relation to the recent acquisition of two office buildings in Warsaw. RREEF bought the Class A office buildings, Topaz and Nefryt, in the Mokotów district of Warsaw for EUR 80 mln.
International law firm Salans has provided legal advice to German fund manager RREEF in relation to the recent acquisition of two office buildings in Warsaw. RREEF bought the Class A office buildings, Topaz and Nefryt, in the Mokotów district of Warsaw for EUR 80 mln.
The project was developed by Globe Trade Centres in 2006 - 2008 and includes two separate buildings with approximately 27,000 m2 of space and a rent roll including Motorola, Cisco Systems, Roche, Honeywell and Allianz.
Eric Rosedale, Co-Chairman of Salans' Global Real Estate Group, said, 'This transaction is part of a wave of investor interest in Poland that started picking up momentum late last year. RREEF is a strategic client for us, given their global reach and strong commitment to the region.'
The Global Real Estate Group at Salans, with over 200 specialists, is one of the largest dedicated global real estate teams among the world's leading international law firms. Salans claims it is market leader in emerging Europe real estate among international law firms.
