M7 Real Estate, a pan-European investor and asset manager, has acquired a further five office, light industrial and logistics assets in Poland on behalf of its M7 Polish Active Fund (M7 POLAF) for a total of €65 million in three separate transactions.
Ethos, a Class A office building located at the heart of Warsaw, has been sold by Kulczyk Silverstein Properties to a Credit Suisse Asset Management real estate fund. Avison Young and CBRE jointly represented the seller throughout the sales process.
Mint Investments Group has completed the acquisition of the Main Point Pankrác office building for South Korean investment company Hana Financial Investment. The value of the transaction exceeds €115 million. Mint provided the investment underwriting and advisory during the transaction and will be responsible for the property's asset management. Dentons, Cushman & Wakefield, Arcadis and TPA also advised on the transaction.
Neptune, a joint venture between Neinver and Nuveen Real Estate, has acquired Silesia Outlet in Gliwice, Poland, from 6B47 Real Estate Investors for €31.5 million. The new acquisition becomes Neptune’s sixth asset in Poland and the 15th in Europe, including one project under development.
EPP has successfully completed the purchase of four M1 shopping centres, closing tranche 2 of its multi-year M1 transaction. The JSE-listed company is already the largest owner of retail real estate in Poland by GLA and this deal with adding an additional 141,000 sqm of GLA to its portfolio. Tranche 2 consisted of M1 shopping centres in Bytom, Czestochowa, Radom and Poznan. The deal is valued at EUR 224 million.
CTP and a consortium of three banking groups (Erste Group Bank, Société Générale and UniCredit) agreed on an underwriting package of €1.9 billion for CTP’s Czech industrial portfolio, comprising 200 buildings, covering 2.7 million sqm of premium industrial space.
Henderson Park, a pan-European private equity real estate platform, has completed the acquisition of a 70% interest in a portfolio of 11 newly built office buildings located in tier one cities in Poland from EPP. EPP will retain a 30% stake in the portfolio and continue to manage the assets, in partnership with Henderson Park’s experienced asset management team.
Hines, on behalf of Korean investors represented by IGIS Asset Management, has completed the acquisition of the Zalando Lounge distribution centre in Ameryka near Olsztynek. Hines will be the asset and property manager, providing a comprehensive service for IGIS and investors represented by IGIS.
SEGRO, acting on behalf of SELP, has completed the purchase of 7R Park Wrocław in Biskupice, a warehouse project located in one of the key logistics hubs in Poland. With this acquisition, SEGRO doubles its portfolio in the Lower Silesia region.
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