Arka BZ WBK buys Alfa Plaza

The fund purchased its first property, a 7,700 sqm office building located on ul. Batorego in Gdynia for zł.42 million. Knight Frank advised the fund, while the seller, JWK-Invest SA was represented by DTZ. According to the fund's investment policy no less than 50 percent of its real-estate portfolio will consist of office buildings, while the remaining funds will be used to acquire retail, warehouse and residential real estate throughout the country. At the same time, residential real estate will not constitute more than 25 percent of the entire portfolio. The fund is planning to acquire 15 to 25 properties for less than zł. 60 million, which will be sold during the fund's last year of existence.