ARTICLES LABELLED WITH TAG Yareal

Yareal has sold two office buildings forming the Neopark campus complex in Warsaw's Mokotów district to a French fund managed by Amundi Real Estate.

Yareal closed the final agreement for the sale of the first phase the LIXA complex in Warsaw, which opened its doors to tenants in November. The price has not been disclosed. 

Cushman & Wakefield won a double mandate for the property and asset management of the Nowogrodzka Square office building which was recently acquired by Amundi Real Estate from developer Yareal.

Yareal has signed a contract to sell the Nowogrodzka Square office building to a French fund managed by Amundi Real Estate. The transaction includes a Class A office building covering an area of 11,000 square meters, as well as an underground garage with 148 parking spaces. Nowogrodzka Square was opened in the fall of 2018.

The Neopark office complex, one of the flagship investments of Yareal Polska, is now fully leased, with companies such as Play, Inpost, New Work, Olympus and Mitsubishi opening their offices in the buildings’ 24,000 sqm of space. Experts from JLL were responsible for the commercialization of the project.

Last June, Cushman & Wakefield was appointed as an exclusive commercialisation agent for building “B” of the LIXA office complex being developed by Yareal in Warsaw’s Wola district. The first phase of the development project (buildings A and B) comprising 27,900 sqm of leasable space is expected to be delivered to the market in Q3 2020.

Yareal has received the building permit to construct the first stage of the 65,000 sqm LIXA office complex. Yareal’s biggest office investment ever will co-create the business centre at Warsaw’s Daszyński roundabout.