POLAND KGAL buys Villa Offices for EUR 87 mln
Investment & financeschedule 12 March 2021
The 16,700 sqm building form part of the Browary Warszawskie city-forming project
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German asset manager KGAL has acquired the Villa Offices (Biura przy Willi) building of the Warsaw Brewery (Browary Warszawskie) complex from its developer Echo Investment for around EUR 86.7 mln.
The 16,700 sqm building in Warsaw’s Wola-Centrum district was completed in 2020 and is BREEAM ‘Excellent’ certified. It is fully leased, with its main tenants being Accenture and WeWork.
With its superior quality, reputable tenants and stable cash-flow, Villa Offices is an excellent asset for this strategic investor. The interest of tenants and investors proves its long-term value and resistance to economic turbulence. We are pleased that KGAL Group will become one of the co-hosts of ou
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