Xcity Investment Sp. z o. o.’s sale of the West Station office complex in Warsaw

Hogan Lovells advised Xcity Investment Sp. z o.o. on the deal

West Station is a joint investment of HB Reavis and Xcity comprising of two class-A office buildings with a total leasable area of 69,000 square metres located in the Warszawa Zachodnia railway station. The complex has received a BREEAM Interim ecological certificate at the Excellent level. The sale of the joint investment took place as a result of the investment agreement implementation, on which basis the investment was carried out.

Xcity is a development company responsible for investment projects within the PKP Group. The project was carried out using the joint venture formula between Xcity and both the PKP Group and HB Reavis and is one of the largest of its kind in Warsaw. The buyer of the office complex is Mapletree Investments – a leading global real estate investor based in Singapore.

Hogan Lovells advised Xcity with Andrzej Debiec (Picture – Tax) Bartosz Clemenz (Real Estate), Marek Grodek (Real Estate), Ewa Kraszewska, Michal Zajaczkowski, Marta Popis, Adam Nowosielski, Damian Gadomski, and Pawel Gnas (Real Estate), Zbigniew Marczyk, Dorota Walerjan, and Jan Starybrat (Tax).

Involved fees earner: Bartosz Clemenz – Hogan Lovells; Andrzej Debiec – Hogan Lovells; Damian Gadomski – Hogan Lovells; Pawe? Gna? – Hogan Lovells; Marek Grodek – Hogan Lovells; Ewa Kraszewska – Hogan Lovells; Zbigniew Marczyk – Hogan Lovells; Adam Nowosielski – Hogan Lovells; Marta Popis – Hogan Lovells; Jan Starybrat – Hogan Lovells; Dorota Walerjan – Hogan Lovells; Micha? Zaj?czkowski – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Xcity Investment Sp. z o.o.;