Plan Unii (Warsaw, Poland) acquisition

Award: Investment Deal of the Year, CEE
Name of the deal: Plan Unii (Warsaw, Poland) acquisition
Value of the transaction (in EUR): 226 million
Yield: n/a
Seller, plus brief information about the company: LIEBRECHT & Wood and BBI Development
Consultancy which advised Seller: CBRE, Norton Rose Fullbright
Purchaser, plus brief information about the company: Invesco Real Estate (IRE) is a global real estate company with US$ 62.1 bn of assets under management. Currently IRE has €700m invested across CEE, both within the commercial and hotel sector.
Consultancy which advised Purchaser: Cushman & Wakefield, Hogan Lovells, Arcadis EC Harris, Deloitte
Financing institution: Aareal Bank AG
Current occupancy level: Office space: 90%, Retail space: 94%
Please say why this deal should be considered for the award: Plac Unii acquisition with the purchase value of EUR 226 million, was one of the biggest real estate deals in Poland in 2014. The asset was acquired in December 2014 on behalf of two German separate account clients. Plac Unii is a unique combination of retail and office destination located in the very heart of Warsaw. The 56,800 sqm modern, prime mixed-use scheme consists of 41,300 sqm of Class A office space on the upper levels and a 15,500 sqm City Shopping Gallery on the lower floors. As one of the most unique and prestigious landmark assets in Warsaw, Plac Unii is well-positioned to attract strong local and international tenants which include Zara, H&M, ING Bank and Dalkia. Acquisition of Plac Unii City Shopping is consistent with Invesco Real Estate strategy. The investor is focused on top class buildings in prime locations. Invesco will continue to expand its CEE portfolio both within core products as well as in value added opportunities.


Panattoni-23

Main Sponsor

Programme Sponsor

Charity Event Partner

Special Photo Event Sponsor

Welcome Drinks Sponsor