Manova Partners Completes Sale of Zaulek Piekna Office Building
Deal News | May 16, 2025 | CEE Legal Matters
Greenberg Traurig represented Manova Partners in the sale of the Zaulek Piekna office building, located in Warsaw, Poland, to Syrena Real Estate. Wolf Theiss acted on behalf of Syrena Real Estate, while Addleshaw Goddard represented mBank, which provided financing for the transaction. The Zaulek Piekna building offers approximately 8,800 square meters of space, including both office and retail functions. The building is slated for significant modernization and will be transformed into a Class A, energy-efficient office building by its new owner. Manova Partners, a global property investment firm with EUR 12 billion in assets under management, manages a portfolio spanning Europe, the Americas, and Australia.
Sectors
- Real Estate
- Legal Services
- Financial Services
Geography
- Poland – The transaction involves the sale of a property located in Warsaw, Poland.
Industry
- Real Estate – The article is primarily focused on a transaction involving the sale of a commercial office building, highlighting activity within the real estate sector.
- Legal Services – Details surround legal advisors involved in the transaction, such as Greenberg Traurig, Wolf Theiss, and Addleshaw Goddard, emphasizing the role of legal services in M&A activities.
- Financial Services – mBank's involvement as a financing entity indicates the participation of the financial services sector in the deal.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Manova Partners | Selling Company | Company | An international property investment manager with a portfolio across Europe, the Americas, and Australia. |
| Syrena Real Estate | Bidding Company/Buyer | Company | The acquiring firm for the Zaulek Piekna office building. They plan to modernize the building. |
| Greenberg Traurig | Legal Advisor for Manova Partners | Company | Provided legal advice to Manova Partners, ensuring a smooth transaction process. |
| Wolf Theiss | Legal Advisor for Syrena Real Estate | Company | Represented Syrena Real Estate in the acquisition, offering legal support. |
| Addleshaw Goddard | Legal Advisor for mBank | Company | Advised mBank, which provided financing for the transaction. |
| mBank | Financing Bank | Company | Provided financing for the transaction for the acquisition of the Zaulek Piekna office building. |