Revetas Capital has completed the disposal of Building A of the Bonarka for Business complex in Kraków to Proton Property, a local investor and developer.
Building A comprises approximately 8,300 sqm of office space across seven storeys above ground. The building includes extensive parking infrastructure with one underground level and surface spaces, providing 170 parking spaces and bicycle facilities.
The building is part of Bonarka for Business (B4B), one of Kraków's business parks, offering approximately 76,600 sqm of office space across eight Class A office buildings.
"This is a strategic move that will allow us to offer our clients another office building," said Tomasz Gawarecki, CEO of Proton Property. Vlad Drăgoescu, Partner at Revetas Capital, commented: "The disposal forms part of our ongoing portfolio management strategy and reflects continued investor interest in office assets in Kraków. We continue to see long-term value in the B4B complex."
DLA Piper acted as legal advisor to Revetas Capital, while Kaczor, Klimczyk, Pucher, Wypióir advised Proton Property.
