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Office park's 5 buildings in Warsaw's Mokotów district sold for €173 million
Warsaw, 8 March, 2013 – The sale of the prestigious Platinium Business Park in Warsaw has now been completed with the sale of building 5. Allianz Real Estate purchased the fifth building within the office complex for approximately €34 million, bringing the total value of transaction to a total of €173 million for the entire 5-building business park. Jones Lang LaSalle Polish Capital Markets team acted as an advisor to GTC in this transaction.
The transaction was done in two stages:
Platinium Business Park is one of Warsaw’s best non-central business parks. The complex is located in the heart of Mokotów Business District, in the immediate neighborhood of Galeria Mokotów shopping centre at the intersection of Domaniewska and Wołoska streets, and is 98% occupied. Its tenants include Leo Burnett, TUI, Artegence, Saatchi & Saatchi, Zenith Optimedia, GE Medical Systems, Levi Strauss, Panasonic or Peugeot.
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