Globalworth Poland Real Estate N.V. (WSE:GPR) entered into preliminary agreement to acquire Skylight and Lumen office buildings in Warsaw from Unibail-Rodamco-Westfield (ENXTAM:URW) for €190 million on October 30, 2018. The transaction will be funded from existing cash resources. With a current occupancy of approximately 89%, the properties have a contracted rental income of approximately €11.5 million.

The transaction is subject to standard conditions precedent, subject to working capital, competition clearance for the transaction and other customary adjustments. The final agreement is expected to be signed is expected to be executed by December 31, 2018 and transaction is expected to be close by end of year 2018. Michal Miecinski, Monika Lerka, Zaneta Rogon, Tomasz Trystula, Mateusz Cieslak, Antonina Kozak, Karol Macias, Marta Bryjak, Michal Maruszak, Piotr Zbyszynski, Wojciech Podlasin, Agnieszka Mencel and Szymon Sieniewicz of Linklaters C. Wisniewski i Wspolnicy Spolka Komandytowa acted as legal advisors for Globalworth.

Andrew Potts of Panmure Gordon acted as nominated advisor and joint broker to Globalworth.