Name of company
Colliers International
Team leader
Piotr Mirowski, Senior Partner, Head of Investment Services | Poland
Team leader profile
Piotr Mirowski joined Colliers in 2006 as an analyst in the CEE Investment Services Department and is currently responsible for operations and management of the team in Poland.
In 2014, Piotr became an equity partner in the firm. As a senior member of the team, Piotr has been instrumental in completion of a number of high-profile investment transactions (both sell-side and buy-side) across all main real estate asset classes.
Total value of the transactions between October 2018 and September 2019
€1.35 billion (both final and PSPA)
The year on year results of the department with regard to the number and the value of finalised transactions (in EUR)
October 2018 – September 2019: 21 transactions, €1.35 billion (both final and PSPA); October 2017 – September 2018: 6 transactions, €600 million
The biggest transactions between October 2018 and September 2019 in retail sector
1. Metro Multi-Portfolio of Makro Cash and Carry stores across Poland, Czech Republic and Hungary – sold to FLE GmbH on behalf of Metro AG – for a total transaction value of €250 million. The deal represents the largest-cross border transaction in CEE for 2019.
The entire Colliers team included over 10 professionals across the 3 countries in a coordinated sales process. The Poland’s portfolio included the assets in Warsaw, Kraków, Wrocław and Lublin – sold for a transaction value of €126.25 million.
Colliers role: vendor representation
2. Galeria Leszno – a dominant shopping center located in Leszno with total GLA of 40,000 m2, sold on behalf of Blackstone for ca. €72 million.
Colliers role: vendor representation
3. Sale of Premium Park Łowicz – a brand new retail park with total GLA of 8,000 m2 to Immofinanz. Transaction value is confidential.
Colliers role: vendor representation
The biggest transactions between October 2018 and September 2019 in office sector
1. EPP Office Portfolio, 11 Class-A office buildings in Poznań (Malta Office Park), Kraków (O3 Business Campus) and Łódź (Symetris) with total GLA of 105,000 m2. Gross asset value €240 million (70% transacted amounts to €180 million).
Colliers role: vendor representation
2. Vastint Office Portfolio, 2 Class-A office parks in Polish regional cities: Business Garden phase I in Wrocław and Business Garden in Poznań. Total GLA 80,900 m2 (BG Wrocław 38,600 m2 and BG Poznań 43,300 m2). Transaction value of €183.50 million.
Colliers role: vendor representation
3. Nowy Rynek B (part of Skanska’s Nowy Rynek development) – Class-A office building in Poznań. GLA of 25,000 m2. Transaction value ca. €75 million.
Colliers role: purchaser representation
The biggest transactions between October 2018 and September 2019 in warehouse sector
1. Faurecia Legnica – sale and leaseback of the Faurecia facility in Legnica; GLA: 25,000 m2; transaction value €17.50 million.
Colliers role: vendor representation
Other biggest transactions between October 2018 and September 2019
1. Molto multi-use development project (4 existing office buildings, maximum developable GLA estimated at ca. 80,000 m2; sale on behalf of Immofinanz to Echo Investment for €48.90 million.
2. Student Depot platform, Poland’s largest provider of student accommodation with over 2000 beds in 5 cities (the first student housing transaction in CEE). Purchaser: Kajima Corporation, vendor: Oaktree. Transaction value €60 million.
Colliers role: purchaser representation
Please say why your team should be considered for the award
• Comprehensive commercial advisory leading the Client throughout each process from underwriting to post-closing.
• Colliers’ priority is to arrange transactions on the best achievable terms and to accomplish the sale in accordance with the pre-agreed schedule.
• Market share is not Colliers’ benchmark or priority, however the quality of services and maximizing pricing are – in the case of sale mandate it is the ability to secure the best possible offers from investors and maximizing sale proceeds in a competitive environment created by Colliers, and in a limited liquidity situation – to originate new capital and set benchmark pricing, as recently demonstrated in 2019 – sale of the EPP Office Portfolio to Henderson Park, late 2018 the successful sale of Silesia Business Park C&D to ISOC – new buyer from Philippines or Spark C to KGAL – a new purchaser from Germany or in off-market origination of Invesco (and their largest open-ended fund, IREEF), to acquire Q22 for €273 million in 2017
