MDDP advised Ghelamco on the sale of Warsaw Unit

Experts from MDDP Michalik Dłuska Dziedzic and Partners advised Ghelamco on the sale of Warsaw Unit to the Eastnine fund. The transaction had a value of €280 million and was considered the largest in the European office market in 2024.

The team’s work was led by Katarzyna Kozakowska with the support of Anna Wnuczek. The scope of MDDP’s involvement included comprehensive tax advice on the transaction, including advice on drafting transaction agreements and obtaining tax rulings.

Warsaw Unit is a modern office building in the centre of Warsaw, located at Daszyńskiego Roundabout – in one of the most dynamically developing districts of the capital.

This is another Ghelamco transaction supported by MDDP advisors from the tax side. MDDP advised Ghelamco on the sale of the Warsaw high-rise from The Warsaw Hub complex, housing the Crowne Plaza and Holiday Express Inn hotels, to the French fund Corum XL, and in March 2022 on the sale of the two remaining towers of The Warsaw HUB complex to Google for a record 580 million euro on the Polish office real estate market. This was the largest single transaction on the office property market – not only in Poland, but in the entire CEE region.