Madison closes investment in Capital Park Group, Poland

Madison International Realty has completed the acquisition of a controlling, 65.99 percent stake in Capital Park SA, a Polish investment company, from Patron Capital Partners, a pan-European institutional investor focused on property-backed investments.

This transaction provides Madison with a significant and strong local platform from which to expand its investment in Poland.

The closing of its agreement with Capital Park provides Madison with a strong strategic partner in one of the most robust markets in Europe.

Capital Park is currently progressing with the full redevelopment of the two-hectare former Norblin, Buch Brothers and T. Werner factory in Warsaw’s Wola district, situated between Prosta, Łucka and Żelazna streets. A complete mixed-use district will be developed, composed of more than a dozen buildings and infrastructure assets. The renovated site will accommodate more than 66,000 square meters (710,000 square feet) of usable area, including 40,