Atenor has acquired a Warsaw office complex, comprising 2 office buildings with the total area of approx. 32,000m², located in Szturmowa 2/2a. This is the first acquisition completed by the company on the Polish market. Experts from the Capital Markets Department at BNP Paribas Real Estate Poland supported the Belgian developer in the purchase process, and will subsequently act as property managers for the complex. The purchase price was not disclosed.
The properties’ strength lies in its close proximity to the city centre and excellent access to public transport. For years one of the properties has been associated with the Polish division of Hewlett-Packard headquartered there. Furthermore, the office building hosts Emerson, a provider of automation solutions.
"Our presence in Poland, following our earlier successes resulting from our entry onto the Romanian and Hungarian markets, is a natural step in the implementation of our growth. The two Warsaw properties will be a good start for our Polish operation. It is indeed the companies objective to establish a long-term presence in the Polish office and residential markets," commented Sven Lemmes, Country Director, Atenor.
"We are proud to have supported Atenor in the purchase of the office complex located in Warsaw’s Mokotow district, which in practical terms means that a powerful player has entered the Polish market. The transaction fits in perfectly with the company’s investment strategy consisting in proactive search for schemes in excellent locations in cities displaying the greatest potential for growth and presenting opportunities for hands-on management and re-development," said Mateusz Skubiszewski, Director, Capital Markets, Central and Eastern Europe, BNP Paribas Real Estate Polska.