Alides Polska and AYA Properties Fund buy office building in Warsaw

27
May
2024
News - Alides Polska and AYA Properties Fund buy office building in Warsaw #Alides #Aya Properties Fund #office investment #Poland #Warsaw

by Property Forum | Investment

Alides Polska, a subsidiary of Belgian developer Alides and Aya Properties Fund announced the joint acquisition of the Metron office building located at Aleja Niepodległości 69 in Warsaw’s Mokotów district from a Polish SPV held by Patrizia. The price has not been disclosed.


The 9-story building offers a total gross leasable area of approximately 9,700 square meters. The property holds a BREEAM Very Good certification.

Rikkert Leeman, CEO of Alides commented: “By leveraging our hybrid real estate expertise as both investor and developer, we target prime urban locations in Poland for residential and office projects that perfectly align with our strategy. This successful approach is demonstrably proven by our track record in Gdansk and Warsaw, and is further exemplified by this acquisition, which perfectly matches our criteria.”

Alides and AYA Properties Fund are dedicated to building a strong partnership to maximize the value of this prime office building. Due diligence for this transaction was conducted by the law firm Sadkowski and the engineering company DIL Polska Baumanagement.

Didier Balcaen, CEO at AYA Properties Fund said: “This acquisition underlines our long-term belief in the CEE markets. We intend to further expand our portfolio with core assets in our focus markets, both in capitals as in regional cities. Combining our know-how and values with a partner as Alides, positions us as a reliable landlord for current and future tenants".




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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