Corum Asset Management acquires Warsaw SSC

22
Jun
2020
News - Corum Asset Management acquires Warsaw SSC #Corum #Cushman&Wakefield #investment #office #Poland #SSC #Warsaw

by Property Forum | Investment

DSV, a global supplier of transport and logistics services, has closed the sell-and-lease-back transaction with French investor, Corum Asset Management, for the new DSV International Shared Service Centre in Warsaw’s Mokotow Business District. The total leasable area (GLA) of the project is 20,000 sqm. Cushman & Wakefield advised the seller.


With a 10-year lease to DSV International Shared Services, this deal is setting a new benchmark in Mokotow.

“The new DSV HQ building in Mokotow is a landmark in terms of contemporary architecture and features a unique, Scandinavian work environment for the employees of DSV. We are proud of having advised DSV on this very special transaction,” says Soren Rodian Olsen, Partner, Head of Capital Markets at Cushman & Wakefield Poland.

DSV Panalpina A/S is a global transport and logistics service provider, based in Denmark. With offices and facilities in more than 90 countries on six continents, we provide and run supply chain solutions for thousands of companies on a daily basis. Its 2019 revenues amounted to €12.7 billion.

Corum Asset Management is one of the leading real estate investment managers in Europe with more than €2 billion in assets under management. The acquisition of DSV HQ in Warsaw is Corum’s third acquisition in Poland during the past 18 months.




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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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