Chariot Group B.V. sold two stores leased by OBI, located in Gdańsk and Łódź, to Marr Holdings, headquartered in South Africa.

The Spanish Azora Europa I Fund has closed the disposal of Aquarius Business House office complex in Wrocław, which has been acquired by the international fund CBRE Global Investors. Avison Young’s investment team represented the buyer.

RF CEE Real Estate SCA SICAV – RAIF, an investment fund owned by the Polish Reino Capital and Australian Corvala, has bought the Malta House office building in Poznań. Avison Young represented the seller in the transaction.

Prosperity on the real estate investment market in Poland is still noticed. Good economic situation and attractive yields in comparison to the Western Europe has attracted foreign investors even from distant countries and continents. Will the momentum be kept? What are the forecasts for the end of 2019?

Avison Young team in Poland is expanding by appointment of Marcin Purgal – experienced director, active on Polish and CEE commercial property markets for ca. 15 years. He is taking the position of Senior Director in the Investment Advisory Department.

Holiday Inn Warsaw City Centre was acquired by Union Investment Real Estate GmbH in January 2018. Avison Young was initially responsible for the landlord technical advisory at the final stage of the construction process as well as at the pre-opening phase. Currently, the investor extends cooperation with Avison Young, who will be responsible for the landlord technical supervision of the property and management of the technical projects.

Avison Young, headquartered in Toronto, Canada, a global commercial real estate services firm, enters the Polish market with the acquisition of UK-based GVA advisory company.