Global law firm Hogan Lovells has advised PATRIZIA, a global real asset investment manager, on tax issues related to the sale of the AN69 building (also known as Metron or BTC Office Center). The property was acquired by two companies – Alides Polska, a subsidiary of the Belgian international property development and investment company Alides REIM, and AYA Properties Fund, a real estate investment fund focused on the CEE market.

Located in Mokotów district at 69 Niepodległości Avenue, AN69 is a nine-storey modern building with a leasable area of more than 9,700 sq.m. of office space, as well as 131 above-ground and 28 underground parking spaces. The building has been equipped with modern technical solutions, corresponding to A-standard facilities, and is certified by a BREEAM Very Good certification.

The Hogan Lovells team consisted of Warsaw-based Tax partner Andrzej Dębiec and counsel Zbigniew Marczyk.

This is another real estate transaction concluded by PATRIZIA in the Polish real estate market where the firm has advised on tax aspects.

Link to press release;