Affiliates of Lone Star Funds have acquired a real estate package from Cavatina Holding S.A. After announcing their intention to go ahead with the deal in June, the parties managed to quickly bring it to a conclusion. Carbon Tower in Wrocław, Ocean Office Park A and Tischnera Office in Kraków, offer a total of nearly 66 thousand sqm of GLA, and their average lease rate is at the level of approx. 90%. The deal amounted for more than 139 million euro.
CBRE Poland are proud to have advised on another landmark transaction for our client Cavatina Holding illustrating the resilience and strength of the regional office markets in Poland again with currently the largest regional portfolio deal in the market. Over 66,000 sqm of Class-A office in 3 buildings in Kraków and Wroclaw passes into the hands of the new owner Lone Star Funds. Lone Star Funds acquired Carbon Office, Tischnera Office and Ocean Office Park A. Huge Congrats to all involved!"
says Sean Doyle, Head of Capital Markets CEE at CBRE
“Investors today are looking for sustainable buildings located in prime locations. Our proposals meet the needs of both urban residents, tenants and investors, who appreciate our approach to real estate. We focus on quality, high-end architecture and flexibility in cooperation with companies. Another successful portfolio transaction pleases and motivates us to continue our development in the chosen model focusing on major regional markets”,
says Daniel Draga, Vice-President of the Management Board of Cavatina Holding.