Jury Awards

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Sale of Aquarius Business House, Wrocław, Poland

Category: Investment Deal of the Year, CEE

Award:	Investment Deal of the Year, CEE
Name of deal:	Sale of Aquarius Business House, Wrocław, Poland
Value of the transaction:	41,9 MLN EUR
Yield:	-
Seller, plus brief information about the company:	Echo Investment
Consultancy which advised Seller:	-
Purchaser, plus brief information about the company:	Azora Europe
Consultancy which advised Purchaser:	-
Financing institution:	-
Please say why this deal should be considered for the award:	In July 2013 Echo Investment closed the sale of the Aquarius Business House office building, which has been developed at the crossroads of Swobodna Street and Borowska Street in the centre of Wrocław. The new owner of the building, which constitutes the first stage of the Aquarius Business House project, is the Spanish investor Azora Europe. Echo Investment Property Management will be the facility manager of the building for the next 5 years. The office building is 98-pct leased. Aquarius Business House is a modern office complex offering a number of the latest technological solutions, high-end information and communication technology links, security and access control systems, as well as a number of functions which support environmentally-friendly, efficient and economical management of energy and utilities. Tenants which have signed leases in Aquarius Business House include: Tieto Poland, PwC, BNY Mellon, AXIT, Randstad, Lux Med, BOŚ Bank, Expander Advisors, Credit Agricole.

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