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...

Similar Stories:

C&W promotes Katarzyna Lipka-Nawrocka to manage research team
Katarzyna Lipka-Nawrocka has been appointed manager of the consulting and research team at  »
TriGranit appoints new leasing manager for Millennium Gardens
Karoly Domotor Makk was named leasing manager of TriGranit’s Millenium Gardens project i  »
Aleksandra Karczewska joins Colliers International
Aleksandra Karczewska was named senior associate of the investment services department at  »
Hungary recruiting Asian workers to fill labor shortages
Faced with a growing labor shortage, Hungarian businesses are recruiting an increasing num  »
In regions like Andalusia, Extremadura, Castilla La Mancha and the Canary Islands, the une   »
The number of unemployed averaged 272,800 between January and March, while the number of e   »
The study states that Hungarians would be willing to work even more hours for additional p   »