Global law firm White & Case LLP has advised Bank Zachodni WBK S.A., as a global coordinator and bookrunner, on the issue of 286,624,204 new shares in Globalworth Poland Real Estate N.V., part of a private issue with a total value of €450 million.

The deal represents the largest private share issue in Poland during 2018 to date.

Globalworth Poland Real Estate, previously Griffin Premium RE. N.V., is a Polish office real estate platform, listed on the Warsaw Stock Exchange since April 2017. The company will use the proceeds from the private issue for the purchase of new real estate, repayment of certain loans or credits, and for general corporate purposes.

The White & Case team in Warsaw which advised on the transaction included partner Marcin Studniarek, local partner Rafał Kamiński and associate Monika Dużyńska. Lawyers from the White & Case office in London also advised on the deal.