CBRE Global Investors, on behalf of the Property Fund Central Eastern Europe (PFCEE), has sold two office building in Warsaw, Poland, Trinity Office Park and Prosta Office Centre.
Trinity Office Park II is a 26,127 sqm office building located in the Mokotow district of Warsaw. It comprises nine floors and was built in 2007. Prosta Office Centre, is a 21,313 sqm office situated in the centre of Warsaw. It was built in 2006 and comprises 11 floors.
John Mulqueen, Head of Transactions EMEA at CBRE Global Investors added: "We have been actively recycling capital in CEE and it is one of the most active regions for our business. Our team completed over €1 billion of transactions during 2016 and this latest disposal was achieved in line with our business plan. We have a significant amount of capital to invest in the region on behalf of our clients during 2017."
CBRE Global Investors was advised by Clifford Chance and Cushman & Wakefield.
