The Czech investor CPI Property Group has completed the acquisition of the Eurocentrum office complex in Warsaw from Capital Park. JLL advised the buyer on the transaction.
This is CPI Property Group's second transaction finalized on the Warsaw office market in recent weeks. This agreement confirms the unflagging potential of the capital's office sector, where the impressive activity of developers goes hand in hand with great investor interest. Investors are focusing on both new buildings as well as schemes with an established position among Warsaw tenants. There is undoubtedly a very interesting and busy end of year ahead of us. We forecast that this year's transactions in Poland's office industry will be a record total of over 3.6 billion euros.
Marcin Sulewski, Director in Office and Industrial Investment, JLL