MDDP advised Immobel on the sale of the Central Point office building in Warsaw
MDDP experts advised Immobel on the sale of the Central Point office building to Lewandpol Property. The transaction is one of the most important investment deals on the Warsaw office market this year and concerns one of the most recognizable office assets in the city centre.
Central Point is a modern office building located in the very heart of Warsaw, at the junction of Marszałkowska and Świętokrzyska streets, directly next to the Świętokrzyska metro station. Its location at the intersection of two metro lines provides exceptional transport accessibility and makes it one of the best-connected office buildings in the city. The building offers approx. 19,300 sqm of modern office space, complemented by retail and service space as well as parking facilities.
MDDP’s involvement included comprehensive tax advisory services for the seller. The MDDP team supported the client in key tax areas related to the sale process, providing ongoing transaction tax advice, including assistance with the negotiation of transaction documents and the preparation of tax ruling applications. Katarzyna Kozakowska and Dariusz Fistek were responsible for the project on behalf of MDDP, with the support of Justyna Bauta-Szostak, head of the MDDP Real Estate Team.
Immobel is a Belgian real estate development group headquartered in Brussels and one of Europe’s leading real estate players. The company specializes in mixed-use projects in major cities, combining office, residential, service and public functions. It operates, among others, in Belgium, France, Luxembourg, Poland, Germany and Spain, focusing on the creation of modern, well-located urban spaces.
In Poland, Immobel develops projects in the largest cities, with a particular focus on the revitalization of strategically located properties in city centres and investments designed to meet the needs of their users.
The completion of the sale of Central Point highlights the importance of prime locations in Warsaw’s central business district for the investment market. The building combines very good transport accessibility with a modern standard of space – features that are particularly relevant from the perspective of investors active in the office real estate segment.
MDDP transaction advisory in the real estate sector
MDDP has for many years supported investors, developers, investment funds, property owners and financing entities in transactions on the commercial real estate market in Poland and Central and Eastern Europe. The MDDP team advises both sellers and buyers, providing tax support at all stages of the transaction process.
MDDP’s comprehensive advisory services include, among others:
- due diligence analyses: tax, financial and legal,
- transaction structuring, including VAT and tax on civil law transactions aspects,
- preparation and review of transaction documentation,
- preparing and reviewing applications for tax rulings,
- participation in negotiations,
- withholding tax settlements and refunds.