Ghelamco, sold its flagship investment in the centre of Warsaw – the Warsaw UNIT skyscraper at Rondo Daszynskiego. It was acquired by Eastnine AB, listed on the Stockholm Stock Exchange. This is the largest transaction on the office market concluded in Europe this year.
Eastnine and Ghelamco announced on Tuesday that they have signed a sale and purchase agreement for the Warsaw UNIT skyscraper located in the centre of Warsaw, worth €280m. This is a record transaction on the office market in 2024, not only in Poland but also in the whole of Europe. The office building, 202m high and with almost 60,000m2 of leasable area spread over over 46 floors.
It was the first in Poland to achieve both the WELL Core v2 Platinum certificate and the highest BREEAM rating for a skyscraper. Its sustainability is further underscored by the WELL Health-Safety Rating and "Obiekt bez barier."
Powered entirely by clean energy, Warsaw UNIT features over 40,000 sensors and 800m as part of a cutting-edge BEMS system, resulting in energy consumption nearly 30% lower than similar buildings. The unique architecture by the Polish-Belgian Architecture Studio PROJEKT includes a kinetic façade and Skyfall Warsaw, an event space with a fully glazed sky terrace.
The building is fully commercialized, and its largest tenants include Warta, Moderna, CBRE, Stryker, Amazon, OmniOffice and Imperial Tabacco.
“We are very grateful for the opportunity to acquire this gem from Ghelamco. Warsaw UNIT is an iconic building that represents everything we look for in investments. The vibrant location, the highest ESG standards and the international tenant mix perfectly fit into Eastnine's strategy. We will make sure that Warsaw UNIT remains one of the best and most prestigious office buildings in the city,”said Kestutis Sasnauskas, CEO Eastnine AB.
Ghelamco was advised in the transaction by Dentons, Deloitte, MDDP, Rymarz Zdort Maruta and CBRE. The pref-equity partner of the seller was the fund Signal Capital. The buyer, Eastnine, was advised by Greenberg Traurig, JLL, Gleeds, Arcadis and Koda.
Image source - Ghelamco.
Europe Real Estate — an overview of real estate developments in European countries.
