Warburg-HIH Invest Real Estate will be taking over Warsaw’s Prime Corporate Center from Golub GetHouse, having just signed a preliminary agreement. The building is fully-let to Raiffeisen Polbank, which signed a 10-year pre-lease for the building. The value of the transaction was not disclosed. Completed last month on Grzybowska street in Warsaw, the 20,900 sqm office building has 23 floors, along with 197 parking places.
CIJ reported last month the price was expected to mark a new record for Warsaw’s office sector, with a yield of below 5.30 percent, a figure not seen since the sale of the Prosta Office Center in the pre-crisis era.
