Patrizia has divested a portfolio of three Warsaw offices totalling c. 15,400 sqm to VIG FUND a.s., a real estate vehicle of Vienna Insurance Group - one of the largest international insurance groups in Central and Eastern Europe. The price remains undisclosed.

Patrizia has sold Le Palais, a multi-let mixed-use asset in Warsaw, Poland, on behalf of institutional clients to the Generali Europe Income Holding (GEIH) fund managed by Generali Real Estate SGR.

Patrizia has appointed JLL as the commercialization agent for its office portfolio in Poland, consisting of eight buildings with space totaling approx. 65,000 sqm. JLL acts as a partner of MVGM, the new property manager of Patrizia’s portfolio.

Beirut-based investor FFA Real Estate has acquired the Młodziejewski Palace in Warsaw from German investment fund Patrizia. The acquisition was made through FFA Real Estate’s special purpose vehicle Midolux 2. The transaction price has not been disclosed.

Patrizia Immobilien AG has sold the Feniks office building in Warsaw to a South Korean investor via Warburg-HIH Invest Real Estate. Savills advised the buyer in the transaction.

Patrizia Immobilien AG has finalized the sale of its Atrium International office building on Jana Pawła II Avenue in Warsaw to Strabag Real Estate. This is a very attractive investment location on the capital's market, as the local development plan allows for the construction of an office tower with a height of up to 135 meters. Experts from JLL represented the vendor in the transaction process.

Cushman & Wakefield has become the manager of three buildings of TRIUVA, a PATRIZIA company, including the Five office centre in Smíchov, Wenceslas Square 9 and Lindner Hotel Prague, as well as the new acquisitions of funds managed by Amundi Immobilier Paris and Amundi Czech Republic - Praha City Center in Prague 1 and the Polygon House in Pankrác.

Patrizia Immobilien AG has acquired Rockspring Property Investment Managers LLP, providing it with a London-based fund management hub with a focus on discretionary capital for global clients. The acquisition further strengthens Patrizia’s global investor base and expands the Group’s network of pan-European offices, resources and capabilities.

Patrizia Immobilien AG has acquired Triuva Kapitalverwaltungsgesellschaft mbH, significantly expanding its business in Germany and Europe. Both parties agreed to not disclose the purchase price.