Allianz Real Estate and Curzon Capital Partners III closed the acquisition of the 50,000 sqm Warsaw Financial Center in a transaction worth €210m. The sellers were CA Immo and the investment manager Pramerica Real Estate Investors. CBRE advised the buyer.
“It’s one of the biggest deals of 2012,” said Przemysław Felicki, Associate Director of Capital Markets at CBRE. “The Warsaw market continues attract foreign investors, and this purchase will increase the value of this market, as the perfect place to allocate capital in.”
Delivered in 1998 to Warsaw’s city center, the building has attract tenants like CMS Cameron McKenna, Kompania Piwowarska, Regus Business Centre, Weil, Gotshal & Manges, Wyborowa and Enterprise Investors.
