Immofinanz finalizes Empark takeover

As the anti-monopoly watchdog UOKiK approved the transaction, real estate developer Immofinanz completed a purchase of the remaining stake in Empark Mokotów Business Park, thus becoming the only owner of the Warsaw-based complex, the media reported. The value of the deal is unknown. The stake belong to the developer's former join venture partner, Heitman LLC. Real estate services company JLL advised Heitman on the transaction. Empark Mokotów Business Park is one of the largest office buildings complex in the CEE region, encompassing 117,000 sqm.