DZP advises a global developer of analytics and AI software

DZP has advised SAS Institute on the sale and leaseback of a five-storey office building in Warsaw. The buyer of the property is a development company listed on the Warsaw Stock Exchange.

SAS Institute is a global leader in business analytics and the largest independent developer of Business Intelligence software for firms in various economic sectors, including banking, insurance, telecommunications, energy, pharmaceuticals and public administration.

DZP's advice covered supporting the client during a due diligence carried out by the buyer, negotiating a draft property sale agreement, preparing key transaction documents including a letter of intent, a leaseback agreement for the property and agreements on the conversion of lease agreements into sublease agreements.

The client was supported by experts from the Real Estate Practice – Hubert Plater-Zyberk, Counsel, and Julia Łysik, Associate, who specialise in transactions involving the lease, purchase and sale of office, logistics and manufacturing space and in development projects.