Greenberg Traurig Represented ISOC Group in Acquisition of Most Expensive Office Building in Gdansk

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The Warsaw office of Greenberg Traurig, LLP represented ISOC Group, a Manila-based (Philippines) investor in the acquisition of the Argon building in the Alchemia office complex in Gdansk. The transaction is one the largest investment in the history of Gdansk region office market.

“Being part of this tremendous success and gaining the trust of a new client is another step towards strengthening our leading position and recognition among real estate investors from Asia,” said Radomił Charzyński, Partner at the Warsaw office of Greenberg Traurig.

The Warsaw office of Greenberg Traurig, LLP represented ISOC Group, a Manila-based (Philippines) investor in the acquisition of the Argon building in the Alchemia office complex in Gdansk. The transaction is one the largest investment in the history of Gdansk region office market.

“Being part of this tremendous success and gaining the trust of a new client is another step towards strengthening our leading position and recognition among real estate investors from Asia,” said Radomił Charzyński, Partner at the Warsaw office of Greenberg Traurig.

The Greenberg Traurig team was led by Partner Radomił Charzyński, who was supported by Senior Associate Karolina Olko and Associate Jakub Gajzler. Partner Aleksander Janiszewski with his team consisting of Senior Associate Paweł Jaśkiewicz and Associate Iga Czerniak, was responsible for the financing aspect of the acquisition. Partner Marek Kozaczuk and Senior Associate Maciej Kacymirow were responsible for tax advisory.

“We may proudly say that this prestigious transaction confirms the position of Greenberg Traurig as a leader on the Polish real estate market,” said Jolanta Nowakowska-Zimoch, Partner and Head of the Real Estate Group at the Warsaw office of Greenberg Traurig.

Argon is the third phase of the Alchemia office complex. It is one of the largest free-standing office buildings in Poland and the most prestigious in the entire complex. Its gross leasable area is 38,000 sqm, with 36,000 sqm of office space and 2,000 sqm of retail.

ISOC Group is a fast-growing company that focuses on cold chain logistics, energy, infrastructure, and property development in the Philippines. Investments in Poland are a significant value-added asset to the ISOC portfolio.

Greenberg Traurig, LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 39 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp.k. was named the 2018 Most Innovative Law Firm of the Year for Poland by International Financial Law Review (IFLR) and the 2017 Law Firm of the Year in Poland by Chambers and Partners. Greenberg Traurig was ranked as number one in the Mergermarket Global & Regional M&A Report 2018 with respect to the value of M&A transactions handled in Poland in 2018. The total value of the transactions on which Greenberg Traurig advised its clients amounted to USD 2.807 billion.

Greenberg Traurig in Poland provides legal services to the largest Polish and international companies and institutions in Central Europe and beyond. The Warsaw office has over 100 lawyers considered to be the leading lawyers in Poland. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000, and EMEA Legal 500 consistently rank them among the top tiers in the areas of Corporate/M&A, Capital Markets, Private Equity, project financing, competition law, court and arbitration proceedings, tax as well as such fields as: Real Estate, Energy, Banking and Finance, Insurance, and TMT.

About Greenberg Traurig's Real Estate Practice
Greenberg Traurig's Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.

Greenberg Traurig's real estate team in Warsaw consists of more than 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.

For additional information on Greenberg Traurig please visit http://www.gtlaw.com.

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Lourdes Brezo Martinez
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