Jury Awards

CA Immo signed and closed the acquisition of Postepu 14, a landmark Class A office building located in the Mokotow district of Warsaw in November 2020. The purchase price was approximately € 87 m, with annual gross rental income of around € 6.5 m, reflecting a 7.5% gross initial yield. Following the sale of Zagrebtower in October 2020 for a 5% premium to book value, with this transaction, CA Immo takes another step in its core market expansion strategy and capital rotation program, setting the path for continued growth of recurring earnings while improving the underlying quality of the portfolio.

Postępu 14 was completed in 2015 and is one of the most modern office buildings in the business part of Mokotów, offering almost 34,500 sqm of space for lease and 775 underground parking spaces. The building stands apart for its environment-friendly solutions, confirmed by a BREEAM Final certificate at the Excellent level, including wind power supply, complete cycling infrastructure, electric vehicle charging stations, energy-efficient lifts and lighting, as well as the use of rainwater to irrigate the greenery and cool the air conditioning. The 10-storey office building, built on an H-shaped plan, also features a very large typical floor area of 4,300 sqm. In addition to friendly and efficient workspaces, the building offers a restaurant, café, canteen, grocery store, print shop and a drugstore.

The Postępu 14 building provides convenient access to numerous bus and tram connections, and is only 6 minutes from Warsaw Chopin Airport and 15 minutes from the centre of Warsaw. A station for the SKM and KM commuter rail networks is also located nearby. In the vicinity of the facility there are numerous service premises, medical clinics, leisure centres, and hotels. Additionally, Galeria Mokotów, located nearby, offers a wide range of shops, cafés and restaurants.

The building’s tenants include companies such as AstraZeneca Pharma Poland, Samsung, Ekoenergetyka.