Plac Unii sale finalized

Liebrecht & Wood Group and BBI Development SA have signed a final agreement on the sale of Plac Unii mix-use complex to Invesco Real Estate (IRE) for €226 million. Plac Unii comprises three buildings featuring 41,300 sqm of class A+ office space and a three-level shopping center offering 15,500 sqm. It is located in the southern part of Warsaw city center. During the transaction, Liebrecht & wooD and BBI Development were advised by CBRE as the selling agent and Norton Rose Fulbright as legal advisors, while Cushman & Wakefield, Hogan Lovells, Arcadis EC Harris and Deloitte acted as the buy-side advisors.