M7 buys Warsaw office buildings

M7 Real Estate has – acting on behalf of the M7 Polish Active Fund – acquired the Cristal Park and Mokotów Plaza office buildings in Warsaw from Azora Europa. Savills advised the buyer  during the negotiation of the transaction, whose value has not been revealed. Completed in 2009 by Yareal and located in the Ochota district, Cristal Park comprises over 10,000 sqm of office space that is currently fully commercialized. Mokotów Plaza was built in 2009 by Celtic Property Developments and offers 15,400 sqm. It is located in Mokotów.

(Warsaw Business Journal)