Dentons' Real Estate team in Warsaw advised EPP on the sale of a 70% stake in a joint venture company holding 11 newly-built office properties to Henderson Park. EPP will maintain its 30% stake in the joint venture, and will continue to manage properties in cooperation with Henderson Park.

The portfolio of acquired properties includes 105,000 sq. m. of office space in 11 buildings located in three Polish cities - Cracow, Poznan and Lodz. These are: O3 Business Campus in Cracow, consisting of three 11-storey buildings with a total area of 55,700 sq m; Malta Office Park in Poznan, comprising six detached buildings with a total area of 29,000 sq. m.; and Symetris Business Park in Łodz with two 10-storey buildings with a total area of 19,300 sq. m.

The transaction was led by partner Bartłomiej Kordeczka, supported by senior associates Martyna Racz-Suchocka and Hanna Żarska, and associate Joanna Fidecka (all Warsaw). Amsterdam-based partner Casper Haket advised on the Dutch aspects of the transaction. 

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