Dentons has advised Cavatina Holding, a developer of commercial real estate, on preliminary agreements for the sale of two office buildings — Chmielna 89 in Warsaw and Tischnera Office in Kraków — with a combined total office space of 60,000 sq. m. . Both properties are being acquired by Globalworth.

This is Cavatina Holding’s second major sale of office buildings this year, which our Real Estate team in Warsaw advised on. 

Located between Chmielna and Aleje Jerozolimskie, a business area in central Warsaw, the crystal-shaped Chmielna 89 office building offers more than 25,000 sq. m. of lettable space on 14 floors. Chmielna 89 was lauded at the 2018 International Property Awards in London for its original visual form and energy-efficient solutions, winning the “Best Office Development in Poland”, “Best Office Development In Europe” and “Best International Office Development” awards.

The Tischnera Office in Kraków, irregularly hexagonal in ground plan, offers some 33,600 sq. m. of space to let on 10 above-ground floors. The building recently won the 2019 Prime Property Prize in the “Office Space Investment of the Year” category.

The transaction, supervised by partner Bartłomiej Kordeczka, was handled by Martyna Racz-Suchocka (senior associate) and Hanna Żarska (senior associate), with support from Joanna Fidecka (associate).

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