Generali Real Estate, on behalf of Generali Europe Investments Holding Fund, has acquired the Piękna 2.0 office scheme in Warsaw from an investment fund advised by Griffin Real Estate. The price of the deal was not disclosed. Piękna 2.0 is an eight-story building with 15,800 sqm of office space as well as retail on the ground floor. The property was built in the early 2000s and recently underwent a major refurbishment. The anchor tenant is the Polish Financial Supervision Authority. JLL acted as the commercial advisor of Generali Real Estate. The buyer was also advised by White & Case, PwC, Baker McKenzie and Gleeds.
