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Colliers International advised on the sale of Marynarska Point 1

Colliers International announced in the name of its customer, Investec GLL Global Special Opportunities Real Estate Fund FCP, managed by GLL Real Estate Partners, the sale of Marynarska Point 1, an A-class office building with the leasable area of 13.2 thousand sqm, located in Warsaw.

The value ofthe transaction amounted to EUR 38 million, which translates into 2.9 euros fora square metre of leasable space.

Marynarska Point 1 is located at the north-eastern corner of Marynarska and Postępu crossroad, in the core centre of Mokotow’s industrial area, which is called the second CBD of Warsaw. The building of Marynarska Point 1, located near the international Okęcie airport is 100 percent let. Amongthe tenants, there are international consulting, insurance, engineering andbanking companies, such as Generali, AC Nielsen, ILF Consulting Engineers andBank BZ WBK.

MarynarskaPoint 1 is among the buildings which were granted the GreenBuilding Certificatethat is awarded to properties which have energy consumption standards significantly lower than standards required according to Polish regulations.

Colliers International advised the seller as the exclusive real estate agent.

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