Rymarz Zdort Maruta advises Ghelamco Poland on tax aspects of sale of Warsaw UNIT skyscraper

We are pleased to announce that we provided tax advice to Ghelamco Poland in connection with the sale of the Warsaw UNIT skyscraper to Swedish company Eastnine. The value of the transaction amounted to EUR 280 million, a record for the office property market in Europe this year.

Warsaw UNIT is a modern, 202-metre-high skyscraper located at Rondo Daszyńskiego in Warsaw. The building has 46 floors and offers almost 60,000 square metres of office space.

Ghelamco is one of the largest international developers in Europe, operating on its home market in Belgium, but also in the UK and Cyprus. In Poland, it has completed its investments in Warsaw, Kraków, Katowice, Łódź and Wrocław, among others.

Eastnine is a Swedish real estate company listed on the Stockholm Stock Exchange. It focuses on modern, sustainable and high-yield office properties in prime locations in selected markets in the Baltics and Poland.

Tax advice in connection with the transaction was provided by Leszek Tokarski (partner) and Krzysztof Rembierz (counsel) together with Katarzyna Kozakowska, representing MDDP.

“We are grateful for the opportunity to support Ghelamco in this record-breaking transaction in the European office market in terms of value. We would like to thank them for their trust in us once again and congratulate all of the parties involved, in particular the MDDP team working with us,” said Leszek Tokarski, the partner heading the tax practice at Rymarz Zdort Maruta.