Invesco Buys Office Property in Warsaw
Invesco Real Estate has acquired a newly built office property in Warsaw from developer Ghelamco Group. The 16,000-square-metre Crown Square was purchased for €63.7 million. Tenants of the 12-storey office building include GATX Rail Poland, Microstrategy, Nike and Oracle. The property was acquired on behalf of one of Invesco Real Estate’s pan-European property funds, representing the fund’s first acquisition in the region.