Astoria is providing premium office space located in a prominent location in the CBD of Warsaw in close proximity of the Palace of Culture and Science.
Name of the deal
Astoria
The date of closing the deal
Q3 2019
Value of the transaction (in EUR)
XXX
Yield
XXX
Seller, plus brief information about the company
Strabag Real Estate
Consultancy which advised Seller
XX
Purchaser, plus brief information about the company
Funds managed by Credit Suisse Asset Management
Credit Suisse Asset Management belongs to the Asset Management business area of Credit Suisse Group.
The Global Real Estate unit of Credit Suisse Asset Management is an established global real estate investment platform. Credit Suisse Asset Management Global Real Estate is active as investor in 17 countries and is, with real estate assets of around CHF 49 billion (as of 31.5.2019), among the leading real estate investors in Europe. The team looks after more than 1,300 properties worldwide and has offices in Zurich, Lausanne, Frankfurt am Main, Milan, London, New York and Singapore.
Please say why this deal should be considered for the award
Astoria is one of the top buildings in the CBD of Warsaw providing class A office space. The deal has been negotiated on an off-market basis by the parties and was closed in Q3 2019.
