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M7 Real Estate disposes of grade-A office building in Warsaw
Transactions - JANUARY 28, 2022

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M7 Real Estate disposes of grade-A office building in Warsaw

by Released

M7 Real Estate has sold Mokotow Plaza, a grade-A office building in the Mokotow Business District of Warsaw to FLE.

Mokotow Plaza, which comprises 15,600 square meters (​​167,917 square feet) of modern office space across five floors, is situated in an established non-central business hub on the outskirts of Warsaw.

M7 acquired the property in 2019 and implemented a comprehensive asset management strategy to refresh the common areas, introduce new lobby space and a reception area, as well as plants, artwork and shower facilities.

These active asset-management activities have increased occupancy of the building to 80 percent, extended the WALT to 6.5 years, and significantly improved the net-operating income. Existing occupiers include EnelMed, SDI Media, Securitas Polska, BDO, Rockwool and IYUNO.

Launched in 2018, M7 POLAF, a dedicated Polish investment fund, is fully invested in a portfolio of office, light industrial and logistics assets totaling 99

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