Deals and Projects

Rymarz Zdort Maruta advises Globalworth on sale of Warta Tower office building for over EUR 63 million

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. 

Team members

Piotr Fedorowicz

Piotr Fedorowicz

Partner

Piotr Fedorowicz
Jakub Rachwol

Dr Jakub Rachwol

Partner

Dr Jakub Rachwol
Adrian Więsław

Adrian Więsław

Senior Associate

Adrian Więsław
Agnieszka Jabłońska

Agnieszka Jabłońska-Zachwieja

Associate

Agnieszka Jabłońska-Zachwieja

More news

Łukasz Dynysiuk has joined Rymarz Zdort Maruta as a partner

3 December 2024

We are pleased to announce that Łukasz Dynysiuk joined Rymarz Zdort Maruta at the beginning of December 2024. Although Łukasz's main specialisation is tax, he joined the corporate department, bringing...

Łukasz Dynysiuk has joined Rymarz Zdort Maruta as a partner

Rymarz Zdort Maruta advises Mutares on acquisition of Natura

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 ...

Rymarz Zdort Maruta advises Mutares on acquisition of Natura
STAY UP TO DATE!
SUBSCRIBE TO 
OUR NEWSLETTER

Confirm your email

Check your mailbox and click the link to confirm your subscription to our Newsletter.

Thank you!