Tawstock Estates sells Euromarket

Investor Tawstock Estates has sold Euromarket business center in Kraków for an undisclosed sum to a company managed by Bluehouse Capital, said Mike Atwell, head of capital markets CEE at CBRE. CBRE and Savills advised on the transaction. “The transaction is proof that investors are increasingly interested in Poland’s regional cities, not only in prime assets but also in value-added properties,” Michał Ćwikliński, investment director at Savills said in a statement. Euromarket, delivered in 2001, is a five-storey building with total office space of 10,600 sqm and over 1,600 sqm of retail space. Its main tenants are BP Europe and CanPack. /bks