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Gide Advises Yareal on Sale of Buildings in LIXA Project

Gide Advises Yareal on Sale of Buildings in LIXA Project

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Gide Loyrette Nouel has advised Yareal on the sale of buildings A and B in its LIXA project to Commerz Real, acting on behalf of South-Korean investor Hana Financial Investment. Baker Tilly Woroszylska Legal reportedly advised Commerz Real on the transaction, which was financed by Helaba Bank. Financial details were not disclosed.

The two buildings acquired by Commerz Real in the LIXA project, which opened its doors to tenants in November, offer over 28,000 square meters of office area, 22,000 of which form the new headquarters of BNP Paribas Bank Polska.

Gide's team was led by Counsel Blazej Czwarnok and included Associates Rafal Osetek and Agnieszka Dabrowska.