Announced
Completed
Financials
Sources
Tags
office complex
Private Equity
Completed
Friendly
Single Bidder
Real Estate
Poland
Cross Border
Majority
Real Estate Holding and Development
Acquisition
Private
Synopsis
Trigea Real Estate Fund, an investment company, completed the acquisition of Moje Miejsce II office complex in Warsaw from Echo Investment, a real estate developer, for $49m. "The transaction is yet another proof of great interest of both investors and tenants in multifunctional, sustainable destination projects consisting of both residential and offices combined with services. Moje Miejsce, as a mixed-use investment, not only enjoys the strategic location but can also be distinguished by its sustainable solutions, comfortable working space and timeless design. We are thrilled to be able to continue our cooperation with Trigea Real Estate Fund in Warsaw. This is our second deal together within twelve months, which only proves the mutual trust and shared vision of the Polish commercial real estate market," Judyta Sawicka, Echo Investment Head of Investment.
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