Ghelamco Poland has completed the sale of the Wronia 31 office scheme located in the centre of Wola’s business district. The property was acquired by LaSalle Investment Management (LaSalle), one of the world’s leading real estate investment managers with $65 billion of assets under management across Europe, North America and Asia Pacific.
LaSalle Investment Management (LaSalle), on behalf of the pan-European fund Encore+ has acquired the recently completed property which is, for the most part, occupied by BNP Paribas Securities Services and Frontex. The building offers a gross lettable area of approx. 16,600 sqm. The parties signed and closed on a Sale and Purchase Agreement.
“This is a very well-located asset in an area with much lower vacancy rates than the rest of Warsaw. As such this is an excellent fit for LaSalle’s flagship pan-European fund and highlights our local knowledge in Poland and our ability to source high-quality assets”, says Francesco Coviello, Head of Transactions for Central and Southern Europe at LaSalle.
Ghelamco was represented in the transaction by JLL and Greenberg Traurig. LaSalle was represented by CBRE, White & Case, Arcadis and KPMG.