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Transactions - JUNE 4, 2020

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JV buys Polish office, largest office deal

by Released

A joint venture formed by Apollo-Rida Poland has completed the acquisition of the buildings A, B and C of the Equal Business Park complex in Kraków developed by Cavatina Holding. According to JLL Poland, this transaction is already in the top 10 of the biggest office investment deals ever concluded in the regional markets in Poland.

“We are very pleased to add Equal Business Park to our investment portfolio. Equal Business Park is one of the most attractive office complexes in Kraków, perfectly located and offering a great standard of office space and quality of common areas as well as a comprehensive array of amenities for its occupiers. Our ability to implement this transaction despite the current challenges underpins our group’s commitment to Poland and the excellent opportunity created by the Equal Business Park,” said Rafał Nowicki, president of the board, Apollo-Rida Poland.

Equal Business Park consists of four class A office buildings (building D is u

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