Prowly-uploads.s3.eu-west-1.amazonaws.com



CPI Property Group is shopping again

 

WARSAW, 27th November 2019 – The Czech investor CPI Property Group has completed the acquisition of the Eurocentrum office complex in Warsaw from Capital Park. JLL advised the buyer on the transaction.

“This is CPI Property Group's second transaction finalized on the Warsaw office market in recent weeks. This agreement confirms the unflagging potential of the capital's office sector, where the impressive activity of developers goes hand in hand with great investor interest. Investors are focusing on both new buildings as well as schemes with an established position among Warsaw tenants. There is undoubtedly a very interesting and busy end of year ahead of us. We forecast that this year's transactions in Poland's office industry will be a record total of over 3.6 billion euros”, comments Marcin Sulewski, Director in Office and Industrial Investment, JLL.

Eurocentrum is an office complex composed of three sections, offering over 85,000 sq m of usable space for lease, including 3,500 sq m of retail and service space. The investment is located in Warsaw's Ochota on Aleje Jerozolimskie - one of the city's major thoroughfares. Other districts are within easy reach of the location as it is well-served by both road and public transport.

- ends –

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

Warsaw Spire │ Plac Europejski 1 │ 00-844 Warsaw

Contact: Agnieszka Ratajczyk

Phone: +48 504 020 522

Email: agnieszka.ratajczyk@linkleaders.pl

-----------------------

News release

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download