In the largest such transaction in Poland this year, international workspace provider HB Reavis has sold two Warsaw office buildings to Savills Investment Management (Savills IM) who acted on behalf of a global pension fund client.
The sales price was more than €200 million ($231 million).
Offering approximately 570,000 square feet, buildings C and D are part of Gdanski Business Center scheme, now entirely owned by the global pension fund.
Among the largest such developments in Warsaw, Gdanski Business Center has a 100 percent occupancy rate. Tenants include Aviva Group, KPMG, Nielsen, Euronet, BGŻ BNP Paribas, GE and the Court of Appeals to name a few.
The first two of the four office buildings totaling 517,000 square feet were sold in December 2016 for €186 million ($215 million), also to Savills IM on behalf of the same client.
“The deal also marks another large investment into Poland, a country in which we have made significant investme