Cornerstone's Ambitious Redevelopment of V-Tower In Warsaw
Real Estate News | Jan 29, 2025 | CEE Legal Matters
Greenberg Traurig has been appointed as legal counsel by Cornerstone Investment Management for the redevelopment of the V-Tower in Warsaw, Poland. This building, formerly known as the Warta Tower, was obtained from Globalworth in the year 2023. The refurbishment aims to significantly enhance the building's Environmental, Social, and Governance (ESG) profile and is set to be completed by 2025. The project will see Atlas Ward as the construction contractor. The involvement of Greenberg Traurig's experienced team, including Senior Associate Maciej Roman, underscores the legal firm's commitment to supporting transformative projects.
Sectors
- Real Estate
- Legal Advisory
- Construction
Geography
- Poland – The V-Tower, the subject of the redevelopment, is located in Warsaw, Poland.
Industry
- Real Estate – The article is about the redevelopment of a significant office building, which falls under the real estate industry.
- Legal Advisory – Greenberg Traurig's role as legal advisor to Cornerstone Investment Management highlights the legal advisory industry.
- Construction – Atlas Ward is involved as the contractor, indicating the article's relevance to the construction industry.
Financials
- – No financial specifics were disclosed in the article regarding the redevelopment investment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Greenberg Traurig | Legal Advisor | Company | A major international law firm advising Cornerstone Investment Management on the redevelopment project. |
| Cornerstone Investment Management | Investor | Company | Cornerstone is the investment management firm undertaking the redevelopment of the V-Tower. |
| V-Tower (formerly Warta Tower) | Target | Company | An iconic office building in Warsaw being redeveloped. |
| Globalworth | Seller | Company | The initial owner of V-Tower, from whom the building was acquired in 2023. |
| Atlas Ward | Contractor | Company | The construction contractor for the redevelopment of V-Tower. |
| Maciej Roman | Legal Associate | Person | Senior Associate at Greenberg Traurig involved in advising on the project. |