Wrocław’s West House 1B changes hands
Investment & financeschedule 23 March 2015
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POLAND The West House 1B office building, which was developed by the Archicom group within the West Forum Business Centre complex in Wrocław, has changed its owner. The property was purchased by GNT Ventures Wrocław, a part of the Irish capital group GNT which owns such assets as the Madison shopping centre in Gdańsk and the BPH Office Park complex in Gdańsk.
The companies did not disclose the value of the transaction, which was finalized at the end of February. “We are pleased to have made another purchase. We believe in the Polish real estate market and think about investing in more prime office projects,” said Anna Thomas, the managing director of the GNT group. Opened in 2014, West House 1B offers over 12,000 sqm of office space and is currently 85 pct leased by such tenants as the Netia group, Objectivity Bespoke Software Specialists
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