Associates of act legal Poland provided comprehensive legal advice to the development company STRABAG Real Estate at the conclusion of a lease agreement for space in the Upper One complex with Motel One Group, for the development of the first The Cloud One Hotel in Warsaw.
Upper One is a complex of two buildings under construction in the centre of Warsaw on Jana Pawła II Avenue. Construction of the complex began in September 2023, with planned completion set for the first half of 2027. STRABAG Real Estate is the investor and the general contractor is Strabag – a construction company.
An experienced team of lawyers comprising: Marta Kosiedowska| Attorney-at-law, Partner and Marek Wojnar| Attorney-at-law, Managing Partner with the support of Marta Łobzowska| Attorney-at-law, Senior Associate, were responsible for negotiating the lease agreement and closing the transaction.
“This is another joint project between the development company STRABAG Real Estate and Motel One Group on which we had the honour to advise. In 2019, thanks to the successful cooperation between the two companies, the first Motel One hotel on Tamka Street in Warsaw was built with the help of act legal Poland. We would like to thank all parties for their trust and commitment. We would also like to thank CBRE for the constructive and fruitful cooperation”, said Marek Wojnar, Managing Partner of act legal Poland.
Thanks to the cooperation between STRABAG Real Estate and Motel One Group, a new hotel brand has marked its presence in Warsaw and the Upper One complex has got an ideal Tenant.