Published at: 2016-04-29 14:40 | Author: Donata Karpik - CIJ Poland
The sale of its remaining Polish assets in December turned out to be the end of the line for the world’s largest asset manager
US giant BlackRock is exiting the Polish real estate market, CIJ has learned. Having offloaded its Warsaw flagship, the Rondo 1 tower, in 2014 for roughly €300m and the remainder of its portfolio last December, the world’s largest asset manager confirmed CIJ’s reports that its Warsaw office would close in May. Roland Leithäuser, vice president of BlackRock Corporate Communications for the EMEA region, told CIJ that the company “does not view Poland as a core investment market for deploying capit...
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