CATEGORY
Investment Deal of the Year, CEE
HB Reavis is a fully integrated property developer applying a unique and highly successful approach to the complete development chain, from identifying investment opportunity through to the design, construction and management of the resulting standing asset. Impressive track record include projects like Gdański Business Center, Postępu 14.
Name of the deal
Konstruktorska Business Center, Warsaw, Poland
Value of the transaction (in EUR)
An access of 120 Million Euro.
Yield
Confidential
Consultancy which advised Seller
Greenberg Traurig Grzesiak sp.k.
Purchaser, plus brief information about the company
Golden Star Estate is a global real estate investment group active internationally for the past 15 years in real estate investments, dominantly specializing in high yield commercial real estate properties, real estate development and luxury life style and hospitality concepts.
Consultancy which advised Purchaser
SRC Smolarek, Rogala, Caban – Adwokaci i Radcowie Prawni Law Office
Financing institution
Bank Pekao S.A.
Current occupancy level
100%
Please say why this deal should be considered for the award
Konstruktorska Business Center is one of the leading and most profound market A - CLASS office complexes in Warsaw consisting of 50,000 m2 spread over 7 floors mix use of office and retail space. The project has the largest floor plate in CEE real estate market with above 7.000 m2 per each floor which perfectly suits large international companies and provides excellent flexibility for all tenants. The project quality construction offers modern design and awarded with BREEAM certification in of very good grade. The business complex is fully leased and anchored by large multinational groups such as Procter & Gamble, Heineken, Money Gram, United Technologies and PZU insurance company.