HB Reavis to sell two buildings in its Warsaw Gdanski Business Center

Gdański Business Center

International real estate developer HB Reavis has signed preliminary sale agreement to sell two of its buildings, situated in the City Center of Warsaw, to Savills Investment Management on behalf of a Global Pension Fund client.

In one of the largest transactions of the year in Poland and also in Central and Eastern Europe amounting to €186 million, Savills Investment Management has acquired buildings A and B of the Gdanski Business Center in Warsaw, totalling 48,000 sqm.

Gdanski Business Center, comprising of four completed buildings (A, B, C and D), provides the Polish capital with nearly 100,000 sq m of A-class office space and is already home to a number of prestigious companies and institutions including KPMG, the Agricultural Property Agency, SNC Lavalin, Provident, WebInterpret, KMD, Agito, Bank BGZ BNP Paribas SA and insurance group Aviva.

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