HB Reavis sells Gdanski Business Center II

HB Reavis sells Gdanski Business Center II

Published at: 2018-08-10 11:28 | Author: CIJEurope.com
HB Reavis sold two Warsaw office buildings to Savills Investment Management which acted on behalf of a global pension fund client. Buildings C and D, totaling 53,000 sqm, are part of the Gdanski Business Center. The scheme is now entirely owned by the global pension fund. Greenberg Traurig advised HB Reavis on the deal. Clifford Chance and K+S Ingenieure advised Savills Investment Management. “We are delighted to have completed another successful transaction on behalf of our client and gain control over the entire complex at Gdanski Business Center. The scheme offers an unique combination of facilities and location, let at attractive rental levels and proven successful with a wide range of first-class occupiers,” said Jon Crossfield, head of strategic partnerships at Savills. “The deal also marks another large investment into Poland, a country in which we have made significant investments totaling nearly €1bn in the last two years.”

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