Starwood Capital buys Quattro Business Park
17:14
Real estate investment group Starwood Capital Group has acquired the Quattro Business Park office complex in Kraków, the company said in a press release on Tuesday.
The complex, developed by Grupa Buma, consists of four buildings with a GLA of about 48,500 sqm. The buildings were completed between 2010-2014.
The scheme is 97-percent leased. Tenants include Capgemini, Google, Oracle, Samsung, FedEx and Citibank.
“We are pleased to invest in top-quality office space in a premier location within one of strongest office markets in Poland,” said Keegan Viscius, vice-president of Starwood Capital Group. “We remain bullish on the country, which we believe boasts one of the fastest-growing economies in Europe.”