Adgar buys Cirrus building

Property investor Adgar has announced the acquisition of a new asset in Poland, the Cirrus office building in Warsaw’s Mokotów district. The seller was Castle Carbery Properties acting for  Mazovia Holdings II. The deal value was not disclosed. The Cirrus building will now be renamed Adgar Wave. It has a GLA of 14,007 sqm and 288 parking spots. The takeover also covers a plot with an area of 2,925 sqm. It is located on ul. Rzymowskiego near the junction with al. Wilanowska. The Adgar group has five other assets in Poland, including Adgar Plaza and Adgar Business Center in Mokotów, Adgar Business Centre II on ul. Konstruktorska.