Korean investor Eugene Investment & Securities has acquired an office building in Warsaw with a total rental space of 10,000 square meters (107,639 square feet) from Patrizia. The parties have agreed to maintain discretion concerning the purchase price.
Located in Wola, the building, known as The Feniks, is 85 percent leased to the “BOS” environmental bank. Other tenants include a supermarket, a drugstore and a coffee shop. The Feniks was built in 2012 and received a BREEAM “Very Good” certificate last year.
Warburg-HIH Invest Real Estate, the Korean asset manager JR AMC as well as Savills (Technical and Commercial advisory), EY (Tax and Structure) and Greenberg Traurig (Legal advisory) advised Eugene Investment & Securities on the purchase.
“Warsaw is a vibrant market from many angles. This dynamism has a lot of
