May 2019

We represent Vastint Poland in the sale of three office buildings in Wrocław

We represented Vastint Poland in the process of selling three office buildings being a part of Business Garden Wrocław. The property was purchased by the Philippine fund ISOC Group.

On our side, the entire process was coordinated by Andrzej Tokaj, Senior Partner.

The three office buildings included in the transaction were completed in 2016 as part of the first stage of the investment. The total property area is 38,575 sq. m. and includes an office component with a rental area of 37,468 sq. m. The property is 100% leased, with tenants including companies such as Becton Dickinson, Capgemini, Dolby Laboratories or Ceneo.

Business Garden is an innovative office complex that will ultimately consist of nine office and service buildings with a total area of over 110,000 sq. m. The element distinguishing the investment is a large, open garden, available to employees and residents of the city.

“Our lawyers have been continuously advising Vastint on legal matters related to its business in Poland. We were delighted to assist our long-standing client in the process of selling the first three buildings of Business Garden Wrocław, an innovative office complex and a highly attractive asset”, said Andrzej Tokaj, Senior Partner.

Vastint Poland is a developer of commercial projects and manages a portfolio of real estate properties. Its Polish organisation was established in 1992; its portfolio includes various commercial real estate properties: office buildings, business parks and hotels. In the future it will also include residential and multi-functional projects. The schemes are recognised for providing a modern corporate image, along with functionality and environment-friendly solutions. Click here to learn more.

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