CPI acquires Warsaw’s Eurocentrum complex

Investor CPI Property Group has acquired the Eurocentrum office complex in Warsaw from Capital Park with the value of the transaction not having been revealed. The LEED Platinum-certified property is located on Al. Jerozolimskie in the Polish capital’s Ochota district and comprises over 85,000 sqm of leasable space that is currently almost fully commercialized. In October, CPI Property Group announced that it would invest more than €800 million in office assets in Warsaw in late 2019 and early 2020. Since then, the company has already bought the Equator IV office building, which is located close to the Eurocentrum complex, and signed preliminary agreements for the purchase of two other properties in the city.

(Warsaw Business Journal)