CPI buys Equator IV in Warsaw from Karimpol Group

CPI buys Equator IV in Warsaw from Karimpol Group

Published at: 2019-11-11 07:37 | Author: CIJEurope.com
The Czech-based CPI Property Group has acquired the Equator IV office building in Warsaw from its developer Karimpol Group. Located on Aleje Jerozolimskie, the building offers more than 20,000 sqm of office space and 226 parking places. Karimpol Group completed Equator IV in 2018 and is selling it with 10 percent vacancy. "It's a high quality addition to the Warsaw portion of CPI Property Group's portfolio," said Tomás Salajka, director of acquisitions and asset magement at CPIPG. "Our acquisition plans in Warsaw go much further and we assume that in the coming weeks and months we'll be able to announced further successful buys." CPI's goal is to add €800m worth of properties in Warsaw during the last quarter of 2019 and the beginning of 2020.

Similar Stories:

ManpowerGroup leases 1,200 sqm at Olivia Gate in Gdańsk
ManpowerGroup has leased 1,200 sqm of office space at Olivia Gate in Gdańsk. The HR consu  »
Skanska to build new office complex in northern Bucharest
Skanska purchased a 26,200 sqm plot in northern Bucharest from InteRo Property Development  »
WOOD & Co. acquires The Greenline from Karimpol
WOOD & Company has acquired the 15,500 sqm office building The Greenline in Prague 4 f  »
TC Capital selling Hyperion Towers in sections
In an effort to meet the growing needs of small and medium-sized companies, TC Capital wil  »
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   »