Acquisition of Q22, a new landmark high rise scheme in the CBD of Warsaw delivered in June 2016. Located along Al. Jana Pawła II, one of the city’s main traffic arteries, Q22 offers 53,863 sqm of GLA across 39 levels above ground floor, in close proximity of a major public transportation hub.
On the lease date the building was over 80% leased on app. 7.3 years WAULT. There is strong covenant international tenant mix anchored by Deloitte (30%) and tenants such as Linklaters, Allegro and Citibank, all on above average long term leases.
Name of the deal Q22
Information about the transaction project/projects/portfolio Acquisition of Q22, a new landmark high rise scheme in the CBD of Warsaw delivered in June 2016. Located along Al. Jana Pawła II, one of the city’s main traffic arteries, Q22 offers 53,863 sqm of GLA across 39 levels above ground floor, in close proximity of a major public transportation hub.
On the lease date the building was over 80% leased on app. 7.3 years WAULT. There is strong covenant international tenant mix anchored by Deloitte (30%) and tenants such as Linklaters, Allegro and Citibank, all on above average long term leases.
The date of closing the deal Q4 2016
Value of the transaction (in EUR) 270 000 000
Yield 5.35%
Seller, plus brief information about the company Echo Investment
Consultancy which advised Seller Linklaters, CBRE
Purchaser, plus brief information about the company IRE offers a range of investment strategies for institutional investors. The choice of strategy and investment vehicle depends on our client’s
objectives, risk appetite and capital available for investment.

We have a strong track record of delivering strategies throughout a number of real estate cycles. As a cross-border specialist with consistent access to off-market opportunities, our team of local market experts work together with IRE’s dedicated research team with our clients’ interests in mind to invest in the right markets, at the right time.

Real estate solutions are available on a separate account basis – via pooled funds; or by way of club deals. Our strategies invest in the main commercial sectors as well as hotels and residential and across the major global real estate markets.
Consultancy which advised Purchaser Greenberg Traurig, Colliers International
Financing institution -
Current occupancy level 90%
Please say why this deal should be considered for the award One of the highest in volume single-asset transaction during the year, landmark office building in the core CBD of Warsaw
Name of the deal
Q22
Information about the transaction project/projects/portfolio
Acquisition of Q22, a new landmark high rise scheme in the CBD of Warsaw delivered in June 2016. Located along Al. Jana Pawła II, one of the city’s main traffic arteries, Q22 offers 53,863 sqm of GLA across 39 levels above ground floor, in close proximity of a major public transportation hub.
On the lease date the building was over 80% leased on app. 7.3 years WAULT. There is strong covenant international tenant mix anchored by Deloitte (30%) and tenants such as Linklaters, Allegro and Citibank, all on above average long term leases.
The date of closing the deal
Q4 2016
Value of the transaction (in EUR)
270 000 000
Yield
5.35%
Seller, plus brief information about the company
Echo Investment
Consultancy which advised Seller
Linklaters, CBRE
Purchaser, plus brief information about the company
IRE offers a range of investment strategies for institutional investors. The choice of strategy and investment vehicle depends on our client’s
objectives, risk appetite and capital available for investment.

We have a strong track record of delivering strategies throughout a number of real estate cycles. As a cross-border specialist with consistent access to off-market opportunities, our team of local market experts work together with IRE’s dedicated research team with our clients’ interests in mind to invest in the right markets, at the right time.

Real estate solutions are available on a separate account basis – via pooled funds; or by way of club deals. Our strategies invest in the main commercial sectors as well as hotels and residential and across the major global real estate markets.
Consultancy which advised Purchaser
Greenberg Traurig, Colliers International
Financing institution
-
Current occupancy level
90%
Please say why this deal should be considered for the award
One of the highest in volume single-asset transaction during the year, landmark office building in the core CBD of Warsaw

Main Sponsor