Starwood takes Ghelamco office portfolio

20 August 2014

Starwood Capital Group has bought Ghelamco’s 78,000 sqm office portfolio, which includes projects like T-Mobile Office Park, ƁopuszaƄska Business Park and Katowice Business Point. The deal was finalized today. While the purchase price was not disclosed, the German lender Helaba said it backed Ghelamco with a €136m long-term facility loan.

Completed in May 2013, T-Mobile Office Park and ƁopuszaƄska Business Park are both located in Warsaw’s Mokotów district, while Katowice Business Point was delivered in 2010. The entire portfolio is currently fully let and BREEAM-certified.

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