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Ghelamco Sells Building B of the Warsaw Spire Office Complex

Ghelamco Sells Building B of the Warsaw Spire Office Complex

Ghelamco has completed a transaction for the sale of building B of the Warsaw Spire office complex. The new owner of the property is CA Immo, which manages real estate in Germany, Austria and Eastern Europe. The value of the transaction is approximately 100 million euros.

One of three office buildings of Warsaw Spire – the largest office investment in Poland –is now under new ownership. Warsaw Spire Building B, the headquarters of Frontex comprising 21.600 sqm, has been bought by CA Immo, a company listed on the Vienna Stock Exchange. Today the partie ssigned and closed on a Sale and Purchase Agreement with the transaction volume of the fully rented asset at approximately100 million euros.

Ghelamco was represented in the transaction by JLL, CBRE and Dentons. CA Immo were represented by Greenberg Traurig, Arcadis and KPMG.

Completed in 2015,Building B is a part of the Warsaw Spire complex, which was awarded with Best Office & Business Development at MIPIMAwards 2017. It offers 21,600 sqm Gross Lettable Area (96% is dedicated for offices) as well as 263 underground parking spaces.The building is primarily occupied as the Headquarters of Frontex – the European Border and Coast Guard Agency of the European Union.

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