Penta Real Estate closes three sales to date in 2020

06
May
2020
News - Penta Real Estate closes three sales to date in 2020 #Bratislava #investment #Kosice #office #Penta Investments #Poland #Slovakia #Warsaw

by Property Forum | Report

Since the start of this year, Penta Real Estate has closed the sale of three office buildings in its portfolio. After selling Rosum in Bratislava, the company completed a transaction in Poland within a single month by selling the office complex D48 and the office building BCT1 in Košice.


The Rosum office project was sold for €60 million by Penta Real Estate to the Austrian company European City Estates at the beginning of this year. In April, the company sold the office building BCT1 to Occam Real Estate. Under an agreement between both parties, a transaction sum has not been disclosed. The third successful acquisition is the D48 office building in Warsaw in Poland. Penta Real Estate sold the premises to a Slovak entity – Prvý realitný fond (PFR) covered by IAD Investments’ portfolio. Like in the case of BCT1 deal, a transaction sum has not been disclosed as well.

“We are pleased that agreements have been concluded with the new owners despite the current crisis situation brought about by COVID-19 pandemic,“ said Tomáš Laštovka, Group CEO of Penta Real Estate.




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New leases

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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