Greenstone, a private equity fund, has finalized the acquisition of the remaining 20% stake in the Format office building from Torus, becoming the sole owner of the property. This follows Greenstone's initial purchase of an 80% stake in Format in May 2024. Just like in the first transaction, the seller was supported in this process by Cushman & Wakefield. The value of the deal has not been disclosed.
Located at the intersection of Droszyńskiego and Bora-Komorowskiego streets, Format offers nearly 16,000 sqm of office space. The building is fully leased - tenants include such brands as Ergo Technology & Services, Foundever, Mako TSL, Dr. Oetker, Assa Abloy Mercor Doors, Siemens Gamesa, Symfonia, and Finsa. The Cushman & Wakefield team also serves as the building's property manager.
