DISPOSAL OF OF FIVE PROPERTIES (VISION PORTFOLIO) IN POLAND ON BEHALF OF ARKA BZ WBK, including: Łomża Shopping Centre, Dukat Department House in Olsztyn, Teofilów Business Park in Łódź, Jutrzenki Bus
| Award: |
Investment Deal of the Year, CEE |
| Name of the deal: |
DISPOSAL OF OF FIVE PROPERTIES (VISION PORTFOLIO) IN POLAND ON BEHALF OF ARKA BZ WBK, including: Łomża Shopping Centre, Dukat Department House in Olsztyn, Teofilów Business Park in Łódź, Jutrzenki Business Park and Okopowa 56 - both in Warsaw. The total area of the portfolio is approx. 25,000 sq m. |
| Value of the transaction (in EUR): |
EUR 33 million |
| Yield: |
confidential |
| Seller, plus brief information about the company: |
Arka BZ WBK Fiz Sektora Nieruchomosci II |
| Consultancy which advised Seller: |
Savills |
| Purchaser, plus brief information about the company: |
ERED 1 and ERED 3 |
| Consultancy which advised Purchaser: |
None |
| Financing institution: |
confidential |
| Current occupancy level: |
confidential |
| Please say why this deal should be considered for the award: |
This transaction confirms once again that portfolio transactions enjoy the great interest of investors in 2015. The transaction took place in a favourable moment in the market and was preceded by an effective and well-prepared marketing to reach the most motivated investors. This is a good example and one of very few where the found has been successfully liquidated. Currently, Savills is selling several other real estate portfolios. |
