Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Zentral Europa Immobilien Fonds, managed by HypoVereinsbank, hasbought an office building in Warsaw’s Mokotów district. The office building is located at 13 Marynarska street in Mokotów, opposite the Galeria Mokotów shopping centre.

The office building is close to Poland’s largest office park, the Mokotów Business Park. It provides 76,400 sf of office space let to international tenants such as Renault, Fortis Bank, Altadis and Medicover.

ZEI Fund’s first foray into Warsaw marks a further step inits strategy of expansion in Central and Eastern Europe. It has already purchased five office buildings in Prague and two in Budapest believed to be worth a combined €200 million ($200 million)

ZEI Fund wasrepresented by Cushman & Wakefield Healey & Baker and DTZ Zadelhoff TieLeung represented the vendor.Loic de Villard, Partner and Head of Investment at Cushman & WakefieldHealey & Baker’s Warsaw office, said: “ZEI Fund’s entry into the Polishinvestment market is a landmark event. This transaction is welcome newsgiven that it marks an increase in confidence by foreign investors in theWarsaw market.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.