Announced
Completed
Synopsis
Eastnine, a Swedish real estate company, completed the acquisition of Warsaw Unit office building from Ghelamco, a real estate investor and developer, for €280m. “I can hardly imagine a better way for us to enter the Warsaw market than by acquiring a top property in the best location that Warsaw Unit represents. We are very grateful to Ghelamco, who not only developed this fantastic landmark changing Warsaw’s skyline, but also joined us as a shareholder. The acquisition of Warsaw Unit is a very important milestone on our growth journey not only by entering the capital city of Europe’s fastest growing economy, but also significantly boosting our earnings. Following the acquisition, Poland is our largest market standing for more than 50 per cent of our property portfolio,” Kestutis Sasnauskas, Eastnine CEO.
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