Marvipol sells another PRS project in Warsaw to Heimstaden

Greenberg Traurig advised Marvipol Development S.A. on the sale of 138 residential and non-residential units in the Unique Tower complex, situated in Grzybowska Steet in Warsaw, to the Heimstaden Bostad Group.

Unique Tower is a modern multi-use development comprising residential, office and commercial units. The Unique Tower development is one of the tallest premium residential buildings in Poland.

The Greenberg Traurig team was co-led by Local Partner Kamil Majewski and Senior Associate Filip Widuch, who were supported by Associate Marcin Gralewski.

Managing Partner Jolanta Nowakowska-Zimoch supervised the transaction.

“We are very pleased to have advised the Marvipol Group on a transaction related to this prestigious project. The PRS sector continues to attract institutional investors focused on the private rental segment,” said Jolanta Nowakowska-Zimoch, Managing Partner of the Warsaw office of Greenberg Traurig.

“Congratulations to the Marvipol Group on the completion of yet another transaction in this sector with our involvement. Our team’s ambition is to advise clients on innovative transactions, which is well reflected in our work on Marvipol’s latest projects,” added Kamil Majewski, Local Partner at the Warsaw office of Greenberg Traurig.

Marvipol Development S.A. is one of Poland’s largest real estate developers, present in the real estate market for over 25 years and operating in two main segments: residential and industrial.

Heimstaden Bostad is a European residential property owner and operator. Currently, the company owns 150,000 residential units in 10 European countries.