Greenberg Traurig and Rymarz Zdort Maruta have advised Ghelamco on the sale of the Warsaw Hub complex building housing the Crowne Plaza and Holiday Inn Express hotels to Corum XL. Hogan Lovells reportedly advised Corum XL.
Ghelamco is a Belgian developer whose portfolio in Warsaw includes the Warsaw Spire complex, the Warsaw Unit building, and projects such as the revitalization of the pre-war townhouses at 13 and 15 Foksal Street.
Corum XL is a French real estate fund managed by Corum Asset Management.
According to Greenberg Traurig, “the Warsaw Hub complex consists of three buildings: two office buildings and one hotel and service building, connected by an underground shopping arcade and a parking deck. Last year, the office part of the complex was sold to Google.”
The Greenberg Traurig team included Managing Partner Jolanta Nowakowska-Zimoch, Local Partners Kamil Majewski and Justyna Szwech, Associates Jakub Gajzler and Paulina Walczewska, and Junior Associate Maciej Smaczynski.
The Rymarz Zdort Maruta team included Partner Leszek Tokarski, Senior Associate Krzysztof Rembierz, and Associate Tomasz Wieczorek.
