CMS has advised Trigea Real Estate Fund on the deal while Greenberg Traurig Advised Echo Investment.
Trigea Real Estate Fund, one of the fastest-growing Czech funds, made an over Euro 100m acquisition of MidPoint 71, an A-Class office building in Wroclaw.
Trigea Real Estate Fund was established in 2019 and focuses mainly on commercial properties, especially office buildings and retail. The fund operates in the Czech Republic and Slovakia, and may soon enter other CEE regions. Recently completed by Echo Investment, MidPoint 71 obtained an occupancy permit earlier this year. Thanks to its modern design and great location, the project has already been more than 80% leased by such tenants as 3M GSC Poland, Pyszne.pl, PwC, CitySpace, CCC Group, and Electrolux Poland.
The transaction was led by Zaneta Baldowska (Senior Associate), and Julia Resmer (Associate), with support from Joanna Ostapiuk (Lawyer). The project was supervised by Malgorzata Madej-Balcerowska (Picture), Partner in the Real Estate and Construction Department at CMS Poland.
The Greenberg Traurig team was led by Local Partner Kamil Majewski, supported by Associates: Jakub Gajzler, Marcin Gralewski and Agnieszka Lichota and Junior Associate Maciej Smaczynski. Deputy Managing Partner Radomil Charzynski supervised the transaction.
Involved fees earner: Zaneta Baldowska – CMS Cameron McKenna Nabarro Olswang LLP; Ma?gorzata Madej-Balcerowska – CMS Cameron McKenna Nabarro Olswang LLP; Julia Resmer – CMS Cameron McKenna Nabarro Olswang LLP; Radomi? Charzy?ski – Greenberg Traurig LLP; Jakub Gajzler – Greenberg Traurig LLP; Marcin Gralewski – Greenberg Traurig LLP; Agnieszka Lichota – Greenberg Traurig LLP; Kamil Majewski – Greenberg Traurig LLP;