Investor Madison International Realty has completed its acquisition of a controlling 65.99-percent stake in Warsaw Stock Exchange-listed developer and investor Capital Park from Patron Capital Partners. The transaction was first announced in March this year. Patron Capital Partners (along with a number of other shareholders) will retain a minority stake in Capital Park. The portfolio of Capital Park currently consists of assets comprising a total of 304,000 sqm of leasable space and is valued at PLN 2.6 billion. The bulk of the assets are located in Warsaw where the company is now developing its flagship project – a mixed-use scheme called ArtN.
(Warsaw Business Journal)