M7 Real Estate acquires two office buildings in Warsaw

M7 Real Estate acquires two office buildings in Warsaw

Published at: 2019-07-16 11:24 | Author: CIJEurope.com
M7 Real Estate has acquired from Azora Europa two Warsaw office buildings, Cristal Park and Mokotów Plaza on behalf of M7 Polish Active Fund. Savills advised the buyer during the transaction process. Cristal Park is a three storey, 10,000 sqm office building on Jerozolimskie Avenue developed by Yareal in 2009. The property was acquired by Azora Europa in 2010. Today, it's fully-let to Gaz-System and Barentz. Mokotów Plaza is located at Postępu Street in Warsaw and offers 15,400 sqm of office space. The property was developed 10 years ago by Celtic Property Developments, which sold it to Azora Europa in early 2011. Tenants include Securitas, KCR and BTS Studios.

Similar Stories:

Vladimir Bolek (IAD Investments) confirmed to speak at CEDES 2019
Vladimir Bolek, a Board Member at IAD Investments, will be speaking at CEDES 2019 in Brati  »
Savills advises on commercialization of Okrąglak, Kwadraciak buildings in Poznań
Savills will advise on the commercialization of office and retail space at the Okrąglak a  »
New supply on Warsaw office market exceeds 500,000 sqm
More than 500,000 sqm of office space has been delivered to the Warsaw market over the las  »
Prague is rapidly becoming the coworking hub of Europe
Coworking and flexible serviced offices are the significant trends driving the office prop  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »