31 July 2023
We are pleased to announce that we supported Globalworth in connection with the sale of the Warta Tower office building to a company belonging to the Cornerstone Investment Management investment platform. The transaction was valued at over EUR 63 million. Warta Tower is one of the most recognisable office buildings in Warsaw. The building is located on ul. Chmielna near Aleje Jerozolimskie and offers approximately 33.7 thousand sqm of leasable space.
Globalworth is a real estate company listed on the AIM segment of the London Stock Exchange operating in Central and Eastern Europe that acquires, develops and directly manages office and industrial properties. The company’s total portfolio is worth approximately EUR 3.2 billion.
Cornerstone Investment Management is a private equity investment management firm with assets worth approximately EUR 7 billion that invests in a variety of sectors, including real estate, IT outsourcing, cable television providers, renewable energy, healthcare, food and beverage, and others.
“We are extremely pleased to have been involved in the sale of one of the capital’s most recognisable office buildings. The transaction not only offered us the opportunity to support our client in connection with the implementation of its strategy, but also to take part in a sale that is likely to result in the Warta Building becoming more cost-effective and environmentally friendly as a result of sustainability-focused redevelopment and re-commercialisation plans,” – says Piotr Fedorowicz, a partner and the head of the real estate practice at Rymarz Zdort Maruta.
The work on the transaction was led by Piotr Fedorowicz. Members of the transactional team included Jakub Rachwol,partner, Izabela Skrzypczak,senior associate, Adrian Więsław,senior associate, and Agnieszka Jabłońska, associate.
We would like to thank Globalworth for placing its confidence in Rymarz Zdort Maruta.
18 November 2024
We are pleased to announce that Rymarz Zdort Maruta advised Vantage, a company that develops and manages a PRS platform, belonging together with ROBYG to the TAG Immobilien group, in connection with s...
12 November 2024
We are pleased to announce that our law firm successfully represented DESA Unicum S.A. before the Internet Domain Arbitration Court at the Polish Chamber of Information Technology and Telecommunicatio...
12 November 2024
We are pleased to announce that we provided legal support to Sanok Rubber Company S.A. (the “Company”) in connection with the signing of an investment agreement with PFR TFI-managed Fundusz Ekspansji ...
7 November 2024
7 November 2024
We are pleased to announce that we advised Mutares SE & Co. KGaA (“Mutares”) on the acquisition of Natura sp. z o.o. (“Natura”), one of the largest and longest operating cosmetics store chains on ...
5 November 2024
We are pleased to announce that we advised EWE AG on the sale of EWE Polska, the second largest privately-owned natural gas network operator in Poland, to Eesti Gaas, operating in export markets under...
4 November 2024
We are pleased to announce that we advised the bankruptcy trustee of Getin Noble Bank (the “Bankruptcy Trustee”) on the sale of a 100% interest in Noble Securities (the “Company”) to Skarbiec Holding....
4 November 2024
We are pleased to announce that we advised LifeSpot, a long-term housing rental platform in Poland managed by Griffin Capital Partners, on their purchase, from Cavare S.A., of a project being dev...
28 October 2024
We are pleased to announce that we advised the bankruptcy trustee of Getin Noble Bank and Idea Bank on the sale of a total holding of approximately 86.83% of the shares in Noble Funds TFI, a fund mana...
24 October 2024
We are pleased to announce that in the most recent edition of the IFLR1000 2024 ranking, our law firm has once again been recognised as one of the best law firms in Polan...
18 September 2024
Pharmaceutical e-commerce is a key element of the digital transformation of the healthcare system, a process that has accelerated in recent years. In 2023, the value of sales in the Polish e-pharmacy ...
17 September 2024
We are pleased to announce that we advised Arcus Infrastructure Partners (“Arcus”), an infrastructure fund, on the purchase of FixMap sp. z o.o. (“FixMap”), a Polish fibre-to-the-home business. As a r...
30 August 2024
We are pleased to announce that we advised AFI Europe, an international investor operating office, commercial, and residential projects in Central and Eastern Europe, on the purchase from De...
